RUSSNEFT Q1 2018 NET PROFIT UNDER RAS UP 10.3% TO RUB 2.9 BILLION

27.04.2018 INTERFAX

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.

Profit before tax showed an 11%-increase and amounted to RUB 3. 723 billion.

RussMeft Supports Sports Tournaments in the Regions

PJSC “RussNeft” continues to support regional sports initiatives. In the Khanty-Mansi Autonomous Okrug – Yugra, the Company supported the Open Boxing Championship for the Nizhnevartovsky District Head’s Cup.

RussNeft announces the release of 2,417 sterlet fingerlings into the Volgograd Reservoi

The company's press service has announced the restocking of the Volgograd Reservoir (Volga River), with 2,417 fish fingerlings.

RussNeft shared details about social and environmental initiatives in the regions of its operation

The company's press service reported that, together with the administration of the Nizhnevartovsky district of the Khanty-Mansi Autonomous Okrug - Yugra, an annual agreement on socio-economic cooperation was concluded.

RUSSNEFT Q1 2018 NET PROFIT UNDER RAS UP 10.3% TO RUB 2.9 BILLION

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RussMeft Supports Sports Tournaments in the Regions

RussNeft announces the release of 2,417 sterlet fingerlings into the Volgograd Reservoi

RussNeft shared details about social and environmental initiatives in the regions of its operation