RN-Kubannefteprodukt made profit in H1 2015
Edited by Rhod Mackenzie / 2015-08-18 02:19:15
RN-Kubannefteprodukt made 554.7 mln roubles of net profit in H1 2015 against a loss in H1 2014.
In 2014 the company had a negative financial result of 218.8 mln roubles.
Such a sharp change of results is explained by the growth of sale of oil products at fuel stations, reduction of purchase prices and expenditure cutting.
RN-Kubannefteprodukt holds wholesale and retail sales of greasing materials and lubricants and fuel, as well as oil processing in the Krasnodar region (holds 20 oil bases and 188 fuel stations- this is about 11% of the total number of all Rosneft’s fuel stations).
