Net profit of Udmurtneft rose by 11.6% to 5.7 bln roubles in Q1
Edited by Rhod Mackenzie / 2015-05-15 12:07:02
The net profit of Udmurtneft under RAS – JV of Rosneft and Sinopec – in Q1 2015 rose by 11.6% against Q1 2014 and made up 5.665 bln roubles.
The revenue fell from 28.515 bln roubles to 27.252 bln roubles, prime cost of sales rose from 12.117 bln roubles to 13.814 bln roubles.
Pre-tax profit rose to 7.098 bln roubles having increased by 11.6%. The growth of profit was due to “other revenue” which rose from 972.1 mln roubles to 4.157 bln roubles.