Net Profit of Bank “Petrocommerce” Reduced by 124.91% for the Third Quarter
OREANDA-NEWS. Bank “Petrocommerce” announced the net loss for the third quarter 2006 at the rate of 291 550 thousand roubles.
The net profit for the second quarter made 1 170 450 thousand roubles. At the same time, reduction of the net profit has made 1 462 million roubles, or 124,91 %.
The reason of reception of the loss was reduction of the sums of the net profits from operations with securities and increase in interest charges, alongside with increase in settlement size of advance payments under the profit tax, paid in the third quarter 2006.
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