IFRS net profit of OAO NGK Slavneft for H1 2014 grew 2.1-fold to RUB 11.703 billion from RUB 5.487 billion the year before, the company reported.
Revenue increased by 16% to RUB 106.87 billion from RUB 91.567 billion, operating profit to RUB 15.441 billion from RUB 9.859 million.
Slavneft (tax number: 7707017509) is owned on a parity basis by RN-Holding and Gazprom's subsidiary Gazprom Neft. Since April 1, 2006, the shareholders have been dividing between themselves the whole amount of oil extracted by the company while Slavneft operates the oil production.
IFRS net profit of Slavneft for Q1 2014 fell by 52% to RUB 1.974 billion. Revenue increased by 8% to RUB 51.588 billion from RUB 47.607 billion, operating profit to RUB 6.699 billion from RUB 5.989 billion.
According to the DataCapital information retrieval system, RAS net profit of Slavneft for H1 2014 fell by 74% to RUB 3.741 billion from RUB 15.602 billion the year before. Revenue increased by 14% to RUB 5.549 billion from RUB 4.873 billion.