Net profit of “Orenburgnefteproduct” by RAS for the I quarter doubled and reached 80.019 million rubles
Orenburg. Net profit of oao “Orenburgnefteproduct” by RAS for the I quarter of 2010 doubled up to 80.019 million rubles as compared with 339.305 million rubles in the IV quarter of 2009, says the report from the company.
“Orenburgnefteproduct” is the major supplier of fuel and lubricants to consumers of the Orenburg Region. It encompasses the net of 96 gas filling station and 16 tank farms. The retail share in the volume of oil products sales through its own filling stations amounts to more than 50%. The network of tank farms of the company at the territory of the region supplies fuels to bulk customers among which there are agricultural producers, municipalities, budget organizations.
The main shareholder of the company whose share in the charter capital is 92.5658% of the shares (92.0331% of ordinary shares) is OAO NK “RussNeft”.
The net profit by RAS of “Orenburgnefteproduct” for 2009 grew 2.3 times up to 344.824 million rubles from 147.684 million rubles a year earlier.