Rosneft's nine-month profit soars 38 percent

Rosneft's net profit soared 38.2% year-on-year in January-September 2012 to RUB 236.20bn (approx. USD 7.56bn) as calculated under Russian Accounting Standards (RAS), the state-controlled oil major said in a statement today, RBC reported.

Revenue climbed 32.5% to RUB 1.31 trillion (approx. USD 41.92bn) during the reporting period. Pretax profit increased 30% to RUB 274.30bn (approx. USD 8.78bn) and operating profit fell 9.4% to RUB 194.78bn (approx. USD 6.23bn).