(Reuters) - The company said its profits rose to $7.48 billion from $6.44 billion in 2005. Analysts had expected the firm to report a profit of $7.87 billion.
Revenues rose 21 percent to $68.11 billion from $56.22 billion on the back of stronger oil and gas output, which LUKOIL said had risen by 12.2 percent last year to 2.145 million barrels of oil equivalent.
Read more at Reuters.com Market News
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