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Dagneft JSC increases net profit in 2017

15 November 2017 23:03 Posted in:  BUSINESS
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Makhachkala, November 15, 2017. Dagestan oil refinery company Dagneft has increased its net profit based on results of work for 2017.

According to the report, formed by the company officers and following the results of work in 2017, the net profit amounted to 3.3 million rubles. Last year, in the same period, the net loss amounted to 49.3 million rubles.

The revenue from sales increased by 11.9% and totaled 1.5 billion rubles.

As noted, the company's revenue increased by 161 million rubles, while expenses grew by 120 million rubles. The difference from sales by main type of activity made 40 million rubles. "The other revenues" of the company, formed due to the sale of motor vehicles grew in 2.6 times - up to 88.9 million rubles.



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