Monday, May 16, 2005
LUKoil's Q1 net income up
RBC, 16.05.2005, Moscow 17:17:15.LUKoil's net income under Russian accounting standards grew 75.5 percent to some RUR25bn (approx. USD897m) in the first quarter of 2005 compared to the same period last year. The company's sales revenue surged 60 percent to some RUR122.492bn (approx. USD4.39bn) in the period in question; sales income amounted to some RUR34.289bn (approx. USD1.23bn), 80 percent up from January to March 2004. Income before tax advanced 80 percent to some RUR33.162bn (approx. USD1.18bn).
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