In the last quarter of 2004 alone, LUKoil reported an 81 percent increase, when its income rose to $1.15 billion from $637 million a year earlier.
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Lukoil Boosted Output & Exports In Time
Russian oil major Lukoil said that its 2004 profits rose 15 percent
Russian oil major Lukoil said that its 2004 profits rose 15 percent due the boosted output and exports to tap soaring international prices.
Net income rose to $4.25 billion, or $5.13 per share, from $3.7 billion, or $4.25, a year earlier, the Moscow-based company said Wednesday in a statement.
In the last quarter of 2004 alone, LUKoil reported an 81 percent increase, when its income rose to $1.15 billion from $637 million a year earlier.
In the last quarter of 2004 alone, LUKoil reported an 81 percent increase, when its income rose to $1.15 billion from $637 million a year earlier.
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