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Rosneft net profit tops target by 30%

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MOSCOW, October 12 (RIA Novosti) - Russia's state-owned oil major Rosneft said Wednesday that its net profits for January-September, 2005 totaled 96 billion rubles ($3.4 billion), about 30% more than the company had targeted.

The sales profit exceeded the target by 32.2% and stood at 153.4 billion rubles ($5.4 billion), the company's press service said.

The net profits on sales of non-core assets totaled 28.6 billion rubles ($1 billion).

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