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"Varioganneft" increased its net profit 1,8 times in January-September

13.11.2008 "Interfax"

Khanty-Mansiisk, November 13, INTERFAX - OAO "Varioganneft" (a subsidiary of OAO NK "RussNeft" in January-September 2008 realized net profit in amount of 583.358 million rubles which exceeds the result of the analogous period in 2007 1.8 times, says the report of the company.

The company's  revenue for 9 months amounted to 8 billion 156.018 million rubles (grew 1.3 times), sales profits grew by 11.6% up to 857.821 million rubles.

 

The report underlines that the growth of production, work and service sales revenues grew substantially mostly due to improvement of the oil and oil oriducts prices condition.

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