RUSSNEFT IN 2018 INCREASED THE PROFIT UNDER RAS BY 9% TO RUB 11.8 BILLION
The net profit of RussNeft under RAS in 2018 increased to RUB 11.8 billion, which is 9% more against the previous year, according to the company's report.
The revenue increased 1.4 times and amounted to RUB 176.4 billion.
The cost price also increased 1.4 times to RUB 133.5 billion, the gross profit grew 1.6 times to RUB 97 billion.
The profit from sales last year amounted to RUB 29.3 billion against RUB 13.5 billion a year earlier, the profit before tax was RUB 18.3 billion (RUB 13.1 billion in 2017).
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