Varyenganneft’s Net Profit Reduced by 8.7%

The net profit of Varyenganneft was reduced by 8.7% in the first half of 2011 compared with the first half of 2010, so the figure came to 229.62m RUR, the company’s report states.

The oil company’s revenues rose by 36.8%, its gross profit went up by 62.6%, its pre-tax profit increased by 23.6%, and its sales revenues were multiplied by 2.3 times.

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