MOSCOW- Lukoil, Russia's second biggest oil producer, posted 29.4 billion roubles ($398 million) in fourth quarter net profit, down from 119.3 billion roubles the same period a year ago, hit by lower oil prices, the company said on Wednesday.
Fourth-quarter revenue was at 1.5 trillion roubles, down from 1.9 trillion a year ago, while earnings before interest, taxes, depreciation, and amortization were at 189.6 billion roubles versus 278.2 billion in the last quarter of 2019.
Lukoil's full-year net profit for 2020 when the global oil markets were hit by weak demand amid the coronavirus pandemic, came at 15.2 billion roubles versus 640.2 billion roubles in 2019, it said in a statement.
($1 = 73.9430 roubles)
(Reporting by Olesya Astakhova and Katya Golubkova, editing by Louise Heavens) ((ekaterina.golubkova@thomsonreuters.com; +7 495 775 1242;))
