Net profit of Nakhodka oil port up 15.7 times to RUR 20.7 mln in Q1 09

In the first quarter of 2009, net profit of Nakhodka Oil Seatrade Port increased 15.7 times to RUR 20.65 mln, the company officially states.

The company’s earnings fell by 2.5% to RUR 58.696 mln, gross profit climbed 3.1 times to RUR 41.908 mln, Interfax reports.

Nefteport (Nakhodka Oil Seatrade Port or NOSP OJSC) is the largest specialized commercial seaport at the Pacific coast of Russia. In the middle of 2008 Rosneft consolidated 100% of Nakhodka Oil Seatrade Port. In March 2009, Nikolai Petelin was appointed as the Director General  of the company for 3 years.