OREANDA-NEWS. On 10 April 2008 was announced, that the Alliance Oil Company has posted consolidated financial report for 2007 prepared in accordance with the International Financial Reporting Standards.

The revenue of the Company climbed to USD 1,618 mln., which is 21.6 % bigger against the same financial of the last year. Gross profit went up by USD 83.8 mln. and accounted for USD 342 mln. Profit for the year reached USD 67.7 mln. and EBITDA - USD 225,567,000 (against USD 162,735,000 in 2006).

Assets of the Company grew by USD 336 mln. and accounted for USD 1,489 mln. Total equity has swollen by 22.8% and reached USD 606.7 mln.