October 2008

15.10.2008
In the first half of the year "Varieganneft" increased net profit by 2,9 times
Khanty-Mansijsk. October 15. INTERFAX- In January-June 2008 ОАО "Varieganneft" (a subsidiary of NК "RussNeft") secured net profit in the amount of 253,422 mln Rubles, that exceeds determinant against the same period in 2007 by 2,9 times, as it's said in the report of the Company.

Income of the Company for six months made 5 bln 160,744 mln Rubles (growth by 1,4 times), sales profit - 483,075 mln Rubles (growth by 13%).

It's said in the report, that it was oil price escalation that affected the increase in revenues from sales, works and services.

Source: "Interfax"