"Orsknefteorgsintez" Increased Net Profit by 45% in 2006
Orenburg. May, 16. INTERFAX – Orsknefteorgsintez, OAO (Oil and Gas Company RussNeft subsidiary) gained a 551.857 mln ruble net profit in 2006. This is 44.9% more against 2005 rate, company’s data say.
Last year company’s sales revenues reached the point of 3 bln 560.818 mln rubles (a 58.3% increase against 2005 rate), costs of production – 1 bln 739.828 mln rubles (a 40.9% increase), pre-tax profit 1 bln 820.99 mln rubles (a 79.3% growth), sales profit – 1 bln 115.479 mln rubles (4-fold increase). Orsknefteorgsintez pretax profit for 2006 was 806.829 mln rubles – it is 50.2% more than that of 2005.
Last year company’s debtor indebtedness increased from 315.717 mln rubles to 883.262 rubles, creditor one – from 140.533 mln rubles to 169.05 mln rubles.