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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.

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