OJSC Varyeganneft reported earnings results for the first half ended June 2016. The company posted net profit to Russian Accounting Standards (RAS) in the amount of RUB 737.455 million, which is 70% more year-on-year. Revenue fell slightly, by 0.02% and amounted to RUB 7.621 billion. Pretax profit was RUB 950.308 million against RUB 547.758 a year ago.