March 2010

26.03.2010
“Varioganneft” increased net income 4.6 times in 2009.
Khanty-Mansiysk. OAO “Varioganneft”, a subsidiary of NK ”Russneft” (RTS: RUSN), in 2009 got 957.028 mln. rub. net profit, that 4.6 times exceeds the 2008 index (207.617 mln. rub.), the company reports.

The company explains the increase in the index by a reduction in the prime cost of production due to optimization of expenditures.
NK “Russneft” owns 50.86%  stock of “Varioganneft”.


Source: “Interfax”