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«Saratovneftegaz» increased its net income by 14% in the second quarter

28.07.2010 «Interfax»

Saratov. The company reports that net income of OAO «Saratovneftegaz» (a subsidiary of NK «RussNeft») in the second quarter of 2010 amounted to 469.33 million rubles.

According to the results of the second quarter of 2009 net income of OAO «Saratovneftegaz» amounted to 412.726 million rubles. Thus net income grew by 13.7% for the financial period of this year in comparison with the same period of the previous year.

According to the report net income of OAO «Saratovneftegaz» amounted to 80.198 million rubles in the first quarter of 2010. Thereby the company cleared a profit of 549.528 million rubles according to the results of the half-year. These figures are higher by 45.9% than the same figures of the first half-year of 2009 (376.574 million rubles).

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