13 Aug 2012 12:42

Kuzbass Fuel Company halves RAS net profit in H1

KEMEROVO. Aug 13 (Interfax) - OJSC Kuzbass Fuel Company posted 411.159 million rubles in net profit according to Russian accounting standards (RAS) for the first half of 2012, the company said in its materials.

The company's RAS net profit for the same period of 2011 totalled 843.78 million rubles. Therefore, the profit result for the first half of 2012 halved compared to the same period of last year.

Sales revenue went up by 11.1% to 11.066 billion rubles.