MOSCOW, June 5 (RIA Novosti) - Gazprom Neft [RTS: SIBN] said Tuesday its US GAAP net profit increased 31%, year-on-year, in 2006 to $3.7 billion.
The company, known as Sibneft before it was taken over by Russian energy giant Gazprom, said its sales grew 38% in the reporting period to $20.17 billion and earnings before interest, taxes, depreciation and amortization (EBITDA) climbed 27% to $5.17 billion.
Gazprom holds a 75% stake in Gazprom Neft.
