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17 June 2004 08:47
DEPUTY FORECASTS 50% GROWTH IN GAZPROM SHARES BY 2006
YEKATERINBURG. June 17 (Interfax) - State Duma Energy, Transport and Communications Committee Chairman Valery Yazev is forecasting growth in the value of Gazprom shares of not less than 50% by 2006. "I see growth in Gazprom shares," Yazev said at a press conference in Yekaterinburg ."The shares will increase throughout this and next year by not less than 50%," he said. "I evaluate the results of Gazprom activity to be good," he said. Gazprom net unaudited profit in 2003, to Russian accounting He also said that he does not advise holders of the company's shares to sell them. standards, amounted to 142.6 billion rubles, which is 170% more than in 2002. Gazprom sales revenue in 2003 amounted to 780.6 billion rubles, compared with 604.85 billion rubles in 2002.
[Interfax]
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