Rosneft nine-month net profit up 57.3 pct to $7.616 bln

© RIA Novosti . Mikhail Fomichev / Go to the mediabankRussia's largest oil producer Rosneft
Russia's largest oil producer Rosneft - Sputnik International
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Russia's largest oil producer Rosneft posted a 57.3 percent year-on-year increase in January-September net profit to $7.616 billion to US GAAP, Rosneft said on Tuesday.

Russia's largest oil producer Rosneft posted a 57.3 percent year-on-year increase in January-September net profit to $7.616 billion to US GAAP, Rosneft said on Tuesday.

Revenues in the first nine months of 2010 rose 41 percent to $45.663 billion, the company said in a statement.

The figures are slightly higher than analysts' expectations in a RIA Novosti poll, which said the company would increase its net profit by 49.9 percent to $7.240 billion and revenue by 40 percent to $45.210 billion.

MOSCOW, Octoer 26 (RIA Novosti)

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