Net profit of OJSC Gazpromneft-Yaroslavl for 2012 rose by 7.5% to RUB 794 million from RUB 697 million, the company reported.
Revenue increased to RUB 18.406 billion from RUB 15.773 billion. GP was RUB 2.052 billion against RUB 1.699 billion for 2011.
OJSC Gazpromneft-Yaroslavl is Gazprom Neft's subsidiary.
Gazprom Neft (tax number: 5504036333) ranks fifth in the Russian Federation in the oil extraction volume. Gazprom Neft and its subsidiaries own 61 licenses for the prospecting and development of oil fields. The proven oil reserves in fields belonging to the company exceed 4.5 billion barrels. The company's largest shareholder is Gazprom Group.
Profit (IFRS) of OJSC Gazprom Neft attributable to its shareholders for 9 months 2012 increased by 8.8% to RUB 134.677 billion. Revenue rose by 20.4% to RUB 912.32 billion, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) by 10% to RUB 244.894 billion.
According to the information and retrieval system DataCapital, net profit (RAS) of Gazprom Neft for January-September 2012 increased by 18.2% to RUB 66.419 billion from RUB 59.19 billion the year before. Revenue increased by 11% to RUB 672.686 billion from RUB 607.278 billion, pre-tax profit by 5% to RUB 74.674 billion from RUB 70.901 billion. GP decreased by 22% to RUB 97.523 billion from RUB 125.246 billion.