Proceeds of Gazprom-Neft Increased by 77% in the First Six Months
OREANDA-NEWS. According to first half of 2006 consolidated US GAAP financial results released by the company today, in first half of 2006 OJSC Gazprom neft's revenues increased 77% up to $10.1 billion as compared with the same period of 2005.
Earnings before taxes, interest, depreciation and amortization (EBITDA) also rose 35% to $2,6 billion in the first half of 2006.
Gazprom neft has reached $1,8 billion net income in the first half of 2006, which is 26% higher than in the same period of 2005.
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