IAS profit of Alliance Oil reduced by thrice in Q1
Edited by Rhod Mackenzie / 2013-05-22 07:42:49
In Q1, 2013 IAS profit of Alliance Oil reduced by thrice compared to Q1, 2012 and amounted to $44.1 million is said in the company’s report.
The proceeds increased by 8.24% - to $882.3 million, EBIDTA reduced by 30.8% - to $150.8 million, the pretax profit reduced 2.8 times and amounted to $63.7 million. Oil extraction increased by 6%, having made up 5 million barrels, oil processing increased by 5% - to 7.8 million barrels, RIA News reports.
