| 19.05.2008 |
Integra Group to continue developing West Siberian assets |
OJSC “Tyumenneftegeofizika” that is a member of Integra Group reported that its RAS net income in January-March 2008 was 140,243 million rubles, as compared to 137,514 million rubles of net loss in the first quarter 2007. Pretax income in the accounting period was 190,198 million rubles, against the pretax loss of 155,460 million rubles in the previous year. The company’s revenue increased 1,7-fold and reached 1,221,573 billion rubles, cost rose by 34 percent to reach 873,666 million rubles. According to earlier reports, Tyumenneftegeofizika’s net RAS loss in 2007 was 421,621 million rubles, as compared to net income of 145,212 million rubles in 2006. Pretax loss was 517,713 million rubles, while in 2006 the company had a pretax income of 194,84 million rubles. Additionally, the company’s revenue rose by 23 percent to 2, 152,705 billion rubles, cost rose by 38 percent to 2,055 billion rubles.
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