May 13, 2019 / 2:09 PM / in 7 days

Russia's Rosneft says Q1 net income up 62% y/y

MOSCOW, May 13 (Reuters) - Russian oil producer Rosneft said on Monday its net income rose 62% year on year in the first three months of 2019 to 131 billion roubles ($2 billion).

First-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) stood at 548 billion roubles, while January-March free cash flow was at 197 billion roubles, Rosneft said.

$1 = 65.4050 roubles Reporting by Vladimir Soldatkin; Writing by Tom Balmforth; Editing by Mark Potter

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