Petroneft Update: No Q2 Income

Second quarter of 2014

·         During the 2^nd quarter, the Group had no operating income (-). The operating result for the 2^nd quarter amounted to TSEK -11 699 (-8 281), which includes about TSEK -6 000 of extraordinary costs.

·         Net financial items in the 2^nd quarter amounted to TSEK 750 (-2 737).

·         Net result after tax for the 2^nd quarter amounted to TSEK -10 949 (-11 018).

·         Earnings per share for the period amounted to SEK -0.27 (-0.27).

January – June 2014

·         During the first half of the 2014, the Group had no operating income (-). The operating result for the period amounted to TSEK -21 277 (-16 182), which includes about TSEK -10 000 of extraordinary costs.

·         Net financial items in the period amounted to TSEK 1 377 (1 098).

·         Net result after tax for the period amounted to TSEK -19 901 (-13 986)

·         Earnings per share for the period amounted to SEK -0.49 (-0.35).

·         The Company holds 4 983 756 B-Shares at the end of the period.

Source