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24

LUKoil boosts nine month net profit 29% to $6.82 bln, above forecast

Russia's largest private oil company, LUKoil, increased US GAAP net profit in the first nine months of this year by 29 pct year-on-year to $6.82 billion, the company said on Tuesday

LUKoil boosts nine month net profit 29% to $6.82 bln, above forecast LUKoil boosts nine month net profit 29% to $6.82 bln, above forecast

Revenue in the same period grew 34.3 percent compared with the same period in 2009 to $76.272 billion, the company said.

The results were higher than analysts' forecast of a $6.057 billion net profit on average and revenue of $75.277 billion.

Source : RIA Novosti