LUKoil H1 net profits up 52.7%

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MOSCOW, September 20 (RIA Novosti) -The net profits of LUKoil, Russia's largest crude producer, for the first half of 2005 were up 52.7% against the same period in 2004 and reached $2.59 billion, a company statement said Tuesday.

The profits were calculated using US GAAP standards.

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