November 6, 2018 / 9:13 AM / 11 days ago

Russia's Rosneft says Q3 net income almost triples

MOSCOW, Nov 6 (Reuters) - Third-quarter net income of Russia’s largest oil producer Rosneft almost tripled year-on-year to 142 billion roubles ($2.15 billion) thanks to higher oil production and prices, it said on Tuesday, slightly missing analyst forecasts.

Analysts, polled by Reuters, expected the Kremlin-controlled company’s net income at 147 billion roubles.

Sales in the July-September quarter increased to 2.29 trillion roubles from 1.5 trillion roubles in the year-earlier period.

The company has said its daily oil production in the third quarter increased by 3.4 percent year-on-year.

$1 = 65.9829 roubles Reporting by Vladimir Soldatkin Editing by Maria Kiselyova

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