In 2008 “Orsknefteorgsintez” increased net profits by 8.5%.
Net profit of a subsidiary of Oil & Gas Company “RussNeft” (RTS: RUSN) – OAO “Orsknefteorgsintez” – in the fourth quarter of 2008 amounted to 82. 027 million rubles, says the company’s report.
Summarizing the results of the last year, “Orsknefteorgsintez” received net profit in amount of 650.282 million rubles. In 2007 this figure equaled 675 million 53.233 thousand rubles. Tyus, net profit of the plant for 2008 amounted to 732.309 million rubles and increased by 8.5% as compared with the figure of 2007. “Orsknefteorgsintez” is the largest refinery in Orenburg region. Processing capacity of the plant is 6.6 million tons per year. The plant can produce about 30 kinds of products.
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