IFRS net profit of JSOC Bashneft for Q2 2013 grew by 9.8% to RUB 13.162 billion, Bashneft informed.
Sales revenue increased by 7.42% to RUB 134.903 billion from RUB 125.58 billion, adjusted EBITDA by 9.2% to RUB 23.044 billion form RUB 21.097 billion.
Bashneft (tax number: 0274051582) is the leading enterprise of Bashkortostan's fuel and energy industry. The company is engaged in the oil recovery in Republic Bashkortostan, regions of West Siberia and in Orenburg region. As of December 31, 2012, Bashneft's proven oil reserves as per PRMS amounted to 2.007 billion barrels of oil.
IFRS net profit of Bashneft for 2012 increased by 4.5% to RUB 52.088 billion. Revenue rose by 9.5% to RUB 532.502 billion, EBITDA by 5.2% to RUB 98.69 billion.
According to the information and retrieval system DataCapital, RAS net profit of Bashneft for Q1 2013 grew by 48% to RUB 14.068 billion from RUB 9.532 billion for the same period in 2012. Revenue dropped by 1% to RUB 111.558 billion from RUB 112.732 billion. GP grew to RUB 53.434 billion from RUB 42.469 billion.