Gazpromneft-Ural’s net profit goes down 14%

18 March 2011 (09:51)

The net profit of OAO Gazpromneft-Ural declined by 43.13m RUR, or 14% in the last quarter of 2010, that is, from 308.2m RUR in the third quarter to 265.06m RUR in the fourth quarter of the year.

The company explains the drop in profits has to do with the growing purchase prices.

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