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23 June, Friday

Ufa   °

Bashneft achieved revenues and net profit growth in the second quarter

Business

UFA, 1 September 2015. /Bashinform News Agency, Arthur Basyrov/.

Bashneft in the second quarter of the current year achieved growth in revenues and net profit. These conclusions are based on the company-provided unaudited consolidated financial results for the second quarter 2015 and six months.

According to the company, in the second quarter sales increased by 6.9% compared with the first quarter, while net profit increased by 57.2% and amounted to 17.9 billion rubles.

The increase in operating cash flow resulted in timely and fully fulfillment of Bashneft’s obligations to shareholders on dividends payment for 2014 in the amount of 20.073 billion rubles.

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