In 2013 the Alliance Oil net profit under IFRS decreased by 6.5 times.
Edited by Rhod Mackenzie / 2014-03-20 06:21:56
In 2013 the Alliance Oil net profit under IFRS decreased by 6.5 times compared to 2012 - up to 64.59 million U.S. dollars.
The revenue increased by 8.72 % - to $3.74 billion, the EBITDA rate decreased by 5.22% and amounted to $695.7 million, the profit before tax decreased 3.7 times - down to $144.52 million.
Alliance Oil Company is a 2 -tier integrated oil company, it was formed by the merger of Alliance Oil Company and the Swedish West Siberian Resources.
