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Gazprom Neft first half net profit up 42 pct to $1.5 bln

Russia's energy giant Gazprom

15:01 18/08/2010

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First half 2010 net profits at Gazprom Neft, the oil division of Russia's energy giant Gazprom, rose 42 percent year-on-year to $1.501 billion to U.S. GAAP, slightly exceeding analysts' expectations, the company said on Wednesday.

Revenue rose 61 percent to $15.322 billion, Gazprom Neft said in a statement.

Analysts expected a net profit of $1.46 billion and revenue of $14.915 billion.

MOSCOW, August 18 (RIA Novosti)

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Gazprom Neft first half net profit up 42 pct to $1.5 bln

15:01 18/08/2010 First half 2010 net profits at Gazprom Neft, the oil division of Russia's energy giant Gazprom, rose 42 percent year-on-year to $1.501 billion to U.S. GAAP, slightly exceeding analysts' expectations, the company said on Wednesday.>>

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