In January – September, Udmurtneft increased net profit by 15% to 15.6 billion rubles

In January – September, Udmurtneft increased net profit by RAS by 15.3% to 15.648 billion rubles, revenue by 6.3% to 86.972 billion rubles, production prime cost by 10.5% to 37.727 billion rubles, and pretax profit by 14.6% to 19.51 billion rubles.

Udmurtneft holds 60 licenses for subsoil sites located in Udmurtia. Rosneft and Sinopec own Udmurtneft via Promleasing Company in which Rosneft holds the controlling shareholding.

Translated by Nadezhda Poltoratskaya

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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