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Russia's largest state-owned oil producer Rosneft [RTS; ROSN] posted on Friday
Russia's largest state-owned oil producer Rosneft [RTS; ROSN] posted on Friday a 24% drop, year-on-year, in net profit calculated to Russian Accounting Standards (RAS) to $6.9 billion in 2007.

The crude producer's net profit increased 33% in the fourth quarter of 2007 to 70.7 billion rubles (approx. $3 billion) against last year's third quarter owing to rising oil and petrochemicals prices on the global market.

Rosneft plans to post its net profit calculated to International Financial Reporting Standards (IFRS) on April 8.

The company's oil output exceeded 100 million tons (735 million bbl) last year.


Print Russia's largest state-owned oil producer Rosneft [RTS; ROSN] posted on Friday Bookmark Russia's largest state-owned oil producer Rosneft [RTS; ROSN] posted on Friday

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