In the first quarter "Orsknefteorgsintez" increased net profit by 50% - up to 482 mln Rubles
ORENBURG, August, 12 - RIA Novosti. In January - June 2008 net profit of the biggest oil refinery of the Orenburg Region, "Orsknefteorgsintez" (a subsidiary of NК "RussNeft"), exceeded similar last year's rates by 50%, and reached 481,896 mln Rubles, as it is said in the report of the Company.
Revenue of the enterprise in the first quarter 2008 amounted to 2,431 bln Rubles - 16% more, than a year before.
As noted, revenue and net profit growth in the enterprise is connected with services for reforming price rise.
Production price at "Orsknefteorgsintez" increased by 4,4% and amounted to 1,253 bln Rubles.
Gross operational profit of the enterprise in January - June almost made 1,178 bln Rubles (growth by 32%), sales profit - 776,43 mln Rubles (growth by 50%), pre-tax profit - 649,182 mln Rubles (growth by 57%).
The capacity of ОАО "Orsknefteorgsintez" makes 6,6 mln tons per year.
As noted, revenue and net profit growth in the enterprise is connected with services for reforming price rise.
Production price at "Orsknefteorgsintez" increased by 4,4% and amounted to 1,253 bln Rubles.
Gross operational profit of the enterprise in January - June almost made 1,178 bln Rubles (growth by 32%), sales profit - 776,43 mln Rubles (growth by 50%), pre-tax profit - 649,182 mln Rubles (growth by 57%).
The capacity of ОАО "Orsknefteorgsintez" makes 6,6 mln tons per year.
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