Lukoil Q2 Net Profit Surges 106.7%

OAO Lukoil Holdings reported a 106.7% rise in its second-quarter net profit. Lukoil's quarterly net profit surged to $2.10 billion, from $1.02 billion, in the year-ago period. Its revenue climbed 8.2% to $35.1 billion from $32.4 billion, while earnings before interest, taxation, depreciation and amortization gained 25.9% to $4.36 billion from $3.46 million.