IAS profit of Alliance Oil reduces twice in the first half of the year

In the first half of 2013 IAS profit of Alliance Oil reduced twice compared to the first half of 2012 – to $84.1 million, the company reports.

The proceeds increased by 9.62% - to $1.789 billion, EBIDTA reduced by 7.7% - to $324 million, the pretax profit reduced by 40.6% - to $122.9 million.

In Q2 the company’s net profit made up $40 million against $19.2 million in Q2, 2012. The proceeds increased by 11% - to $906.6 million USD. EBIDTA made up $173.1 million, having increased by 30%. The pretax profit increased twice – to $59.3 million.

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