OREANDA-NEWS. August 2, 2011. In accordance with LLC "OGC "ITERA" reporting, the Company increased the 2010 net profit under IAS by 42.7 percent up to USD  226.9 million.

Net sales amounted to USD  1.6 billion compared to USD  1.15 billion in the previous year, natural gas sales were RUR 1.58 billion (compared to RUR 1.13 billion in the previous year).

The Company’s gross profit increased up to USD  435.9 million from USD  294 million in 2009, operating expenses amounted to USD  151 million compared to USD  145.8 million, operating profit increased up to USD  285 million from USD  148.6 million in the previous year.

The Company’s profit before taxation reached USD  270.18 million (USD  199 million in 2009).