26 May 2011 13:40

Lukoil boosts Q1 US GAAP earnings 70% to $3.517 bln, above forecast

MOSCOW. May 26 (Interfax) - Lukoil boosted net profit to US GAAP 70% year-on-year in Q1 2011 to $3.517 billion, the oil company said in an earnings report.

This is better than the $3.2 billion that analysts predicted in a consensus forecast for Interfax.