Petrogrand: Q2 and 1H Results
Second quarter of 2015
– Acquisition of 49% interest in Ripiano Holdings Ltd, with 3 producing oil fields in Komi in Russia.
– During the second quarter, the Group had no operating income (-). The operating result for the second quarter amounted to TSEK -7 433 (-11 699).
– The result from the share interest in the associated company Ripiano amounted in the second quarter 2015 to TSEK 5 488 (-).
– Net financial items in the second quarter amounted to TSEK 1 749 (750), including currency effects of approximately TSEK -2 495 (136).
– Net result after tax for the second quarter amounted to TSEK -5 684 (-10 949).
– Earnings per share for the second quarter amounted to SEK -0.14 (-0.27).
– Total comprehensive result for the second quarter of 2015 was TSEK -22 241 (5 266).
– New board of directors elected at EGM in April 2015 and new CEO appointed in April 2015.
January – June 2015
– During the first half of 2015, the Group had no operating income (-). The operating result for the period amounted to TSEK -15 274 (-21 277).
– Net financial items in the period amounted to TSEK 27 770 (1 377), including currency effects of approximately TSEK 21 952 (-275).
– Net result after tax for the period amounted to TSEK 12 496 (-19 901).
– Earnings per share for the period amounted to SEK 0.31 (-0.49).
– Total comprehensive result for the period was TSEK -8 556 (-17 363).
