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06/12/2011 First Four Houses of “Minsk-City” Complex Ready to Be Accepted by the State Committee in December Ïîäðîáíåå

01/12/2011 ITERA and TsMT SHELF, LLC made a Contract on choosing a drilling rig type intended for Block 21 in the Turkmen Sector of the Caspian Sea Ïîäðîáíåå

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29/01/2012 ITERA: 20 years in the gas market Details
(Magazinå "ÒSR", Ekaterinburg)

27/01/2012 ITERA-GEORGIA completed work to ensure provision of gas supply to KvemoNikozi village Details
(Georgia Online (apsny.ge), Tbilisi)

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Net profit of ITERA Oil and Gas Company grew more than twice

In the period from January through September 2007 the net profit of ITERA Oil and Gas Company (as per Russian Accounting Standards) grew by 107% as compared to the same period of last year and amounted 2 300 644 000 Rubles.

The increase is generally explained by higher sales revenue which grew from 16.975 billion Rubles (VAT exclusive) in the first 9 months of 2006 to 21.184 billion Rubles (VAT exclusive) in the first 9 months of 2007, and made 24,8% increment. The cost price of the product sold grew only by 16.1%.

This made it possible for the company to achieve a profit of 3.282 billion rubles from January to September 2007 which is 1.151 billion rubles higher than that generated in the same period of last year.

 

 

30/10/2007

Press Service,
ITERA Oil and Gas Company
Tel.: (495) 411-8631
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