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Every 30th ton of oil produced in Russia
Annual production of 13 ìln. tons of crude oil
Recoverable reserves of more than 600 ìln. tons
24  producing assets
1 transportation company
Active in 11 regions of Russia and the CIS
More than 13, 000 jobs

 



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August 2008

12.08.2008
In the first quarter "Saratovneftegaz" increased net profit by 1,6 times
Saratov. August, 12. INTERFAX-VOLGA REGION - In January - June 2008 ÎÀÎ "Saratovneftegaz" (a subsidiary of "RussNeft") increased net profit by 1,6 times in comparison with the first quarter of 2007 - up to 709 mln 259 thous. Rubles, as it is said in the report of the Company.

Revenue in the first quarter 2008 increased by 29 % - up to 5 bln 424 mln 636 thous. Rubles; cost of sales - by 27,8 %, up to 4 bln 257 mln 10 thous. Rubles; gross profit - by 33,7%, up to 1 bln 167 mln 626 thous. Rubles.

The sale increased by 39,7% and reached 1 bln 12 mln 171 thous. Rubles; pre-tax profit - by 1,5 times, up yo 990 mln 202 thous. Rubles.



Source: "Interfax"

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