A Lukoil facility
Moscow — Russia’s No.2 oil producer Lukoil said on Wednesday its second-quarter net profit increased 21.4% from the previous three months to 181.2 billion roubles ($2.75 billion) thanks to lower income tax.
Sales increased by almost 15% from the previous quarter to 2.1 trillion roubles on higher oil and gas prices as well as rising trading volumes of oil and refined products, Lukoil said in a statement.
Russia’s Lukoil Q2 net income rises 21% q/q on lower tax
![Russia’s Lukoil Q2 net income rises 21% q/q on lower tax]()
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