In January-September “Belkamneft” increased its net profit by 42%.
Izhevsk. November 14. INTERFAX – OAO “Belkamneft” (integrated in NK “RussNeft”) (RTS: RUSN) in January-September received net profit in amount 407.385 rubles as compared to 286.311 million rubles in the analogous period of the last year, says the company’s report.
Thus, the oil company’s net profit during the nine month of the current year has increased by 42.4%.
The company’s proceeds grew by 16.5% - up to 6 billion 234.654 million rubles, gross profit - by 38%, up to 486.442 million rubles, profit before taxation grew 1.6 times up to 566.837 million rubles.
It is underlined in the report that the change of the proceeds amount and the amount of operating profit is closely connected, first of all, with the growth of the volume of operator’s services in the field of oil, gas and water production.
Oil and Gas Company “RussNeft” carries out production of hydrocarbons in Udmurtia through its subsidiaries – OAO “Belkamneft”, OAO “Uralskaya Neft”, OAO “Udmurtskaya Natsionalnaya Neftianaya Kompania” (UNNK), OAO “Udmurtskaya Neftianaya Kompania” (UNK).
“Belkamneft” is an operator of oil production services and carries on subcontracting works for a group of companies – OOO “Belkamneft”, OOO “Regionalny Neftianoi Konsortsium”, OAO “Uralskaya Neft, UNNK, UNK.