«Oil Resource» doubles revenue: financial results for 9 months of 2025 according to the Russian Accounting Standards

«Oil Resource» LLC (part of "Kirillitsa" Group of Companies) publishes financial statements for 9 months of 2025 according to the Russian Accounting Standards (RAS).



«Oil Resource»'s revenue for 9 months of 2025 increased to 29.6 billion rubles showing a twofold increase compared to 15.4 billion rubles for the same period last year. Net profit amounted to the unprecedented 1.4 billion rubles against 104 million rubles a year earlier.

During the reporting period, the volume of shipments of oil and petroleum products to the company's partners increased from 310,000 to 570,000 tons. «Oil Resource» is actively expanding its business increasing the scale of supplies. In March 2025, the company acquired two oil loading terminals in the Khanty-Mansi Autonomous Okrug and the Orenburg Region, with a total capacity for transshipment of petroleum products up to 1 million tons per year.

"The unprecedented growth in revenue and profitability of our business in the reporting period was achieved due to the inflow of new customers, an increase in working capital and, as a result, the scaling up of trading activities as well as due to rising market prices for commodities,"

Semyon Garagul, Director General of "Kirillitsa" Group of Companies, noted.



In September 2025, "Kirillitsa" Group of Companies approved an increase in the authorized capital due to the transfer of the exclusive rights to use patents for the multifluid thermal technology (MTT) to the oil company «Oil Resource» in the form of a non-monetary contribution from the sole participant of the company. The MTT is an advanced Russian technology for the development of hard–to-recover oil reserves which is being developed by the scientific and technological center within "Kirillitsa" Group of Companies. The technology was successfully presented at the Russian Energy Week in October 2025.

About us

«Oil Resource» is a modern high-tech oil company. The company's business model combines high sales growth rates and margin levels above industry averages. The company shows a significant annual increase in revenue and supply volume. In addition to the wholesale of petroleum products, «Oil Resource» is developing a logistics area, has two oil terminals, its own vehicle fleet and a leased railway train for transporting products.

«Oil Resource» (part of "Kirillitsa" Group of Companies), a Russian diversified group of companies specializing in the wholesale supply of petroleum and petroleum products as well as agricultural grain products in Russia, the CIS, and Southeast Asia. The group includes "Zemlitsa", a grain supplier, as well as companies engaged in trading and logistics operations on the Russian and international markets.

The company's assets include an innovative multifluid thermal technology for the extraction of hard–to-recover oil reserves which is being developed by the scientific and technological center of the group.

The company is an active participant in the debt market and attracts investors' funds for further development – in September 2025, «Oil Resource» successfully placed an exchange-traded bond issue of the 001P-02 series in the amount of 3 billion rubles with a maturity of 5 years. The coupon rate is set at 28% per annum with monthly income payment. In October 2025, the Company began placing bonds of the 001P-03 series on the Moscow Stock Exchange for a total amount of 4.5 billion rubles with a circulation period of 5 years.

In July 2025, the National Rating Agency (NRA) upgraded «Oil Resource» credit rating to "BBB-|ru|" with a stable forecast. Moreover, the rating has been raised to the same level of "BBB-|ru|" for "Kirillitsa" Group of Companies.

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