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NOVATEK reports high income

NOVATEK declared that its net profit to be paid to shareholders as dividends is 20 billion roubles, or 6.59 roubles per share, for the third quarter ending on September 30, 2012. For the corresponding period of the previous year, the income was considerably lower, at 8.32 billion roubles, or 2.74 roubles per share. The company’s total revenues in the third quarter stood at 52.73 billion roubles, up from 40.03 billion roubles one year ago. The company’s overall net profit to be distributed to the shareholders in the first nine months of 2012 was 50.91 billion roubles, which translated to 16.78 roubles per share. For the nine months of the previous year, dividend income was 41.43 billion roubles, or 13.66 roubles per share. The company’s overall revenues in the nine months of 2012 reached 152.25 billion roubles, up from 125.55 billion roubles in the first three quarters of 2011. 

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