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Moscow Refinery has doubled net profit

In the first half of 2012, the Moscow Oil Refinery, owned by Gazprom Neft increased its net profit under RAS by one half compared to the same period of the previous year to 2.9 billion roubles.

Revenues grew by 33 percent to 7.495 billion roubles. The company’s gross profit increased 1.5 times to 4.102 billion roubles. Profits before taxes went up two times to 3.6 billion roubles. The gain on sales of the refinery in the first half of the current year increased 1.8 times to 3.2 billion roubles.

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