RUSSNEFT Q1 2018 NET PROFIT UNDER RAS UP 10.3% TO RUB 2.9 BILLION
RussNeft Q1 2018 net profit to RAS increased by 10.3% to RUB 2.858 billion, according to the Company`s report.
The revenue of RussNeft in the first quarter amounted to RUB 38.326 billion versus RUB 28.438 billion YOY.
Cost of sales grew by 32% to RUB 30.101 billion. Profit on sales rose by a factor of 1.8 to RUB 4. 909 billion.
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All Show allRussNeft reported on developing cooperation with educational institutions in the Ulyanovsk region.
The company's Ulyanovsk branch shared its experience in organizing systematic work with students from universities and colleges in the region. During regular meetings, students are introduced to the company's structure, employment conditions, and existing support measures for young professionals. Issues related to organizing industrial internships and opportunities for on-the-job training are discussed. Details are provided in a company press release.
RussNeft increases oil production in the first half of the year by almost 2%
up to 3.043 million tons
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