OREANDA-NEWS. November 20, 2007. In the 3rd quarter of 2007 net income of Russian Innovation Fuel and Energy Company (RITEK, Tyumen region, Kogalym) increased RUR928,070,000 or 5 -fold compared to 2Q 2007, reported the press-centre of RITEK.

According to the company's official statement presented to SKRIN, in July-September 2007 net income totaled RUR1,155,545,000 against net income of RUR227,475,000 in April-June 2007.

The growth of net income was prompted by the change of oil prices.