RusEnergy

RBC, 16.05.2005, Moscow 19:31:08.Sibneft's net income under Russian accounting standards surged by 15 times to some RUR45.576bn (approx. USD1.64bn) in 2004 against 2003, the company has reported. Sales revenue increased 60 percent to some RUR183.638bn (approx. USD6.89bn). The company's gross profit totaled some RUR90.757bn (approx. USD3.26bn) at the end of the first quarter this tear, 270 percent up from 2004. Sales revenue grew 6 times to some RUR74.602bn (approx. USD2.68bn) in the reported period.