Russias Gazprom profits slide 61 percent in third quarter

Russia’s gas giant Gazprom on Thursday said its profits were down 61 percent in third quarter 2014 as supplies were suspended to Ukraine, one of its main customers.

The group’s profits between July and September amounted to 105.7 billion rubles ($1.5 billion) but revenues in that quarter were down 6 percent year-on-year to 1.133 billion rubles ($16.5 million).


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