Russian OGK-6 H1 profit plummets 70 pct on costs

MOSCOW, Sept 2 (Reuters) - Russian power company OGK-6 OGK6.MM OGKF.RTS, controlled by Gazprom (GAZP.MM), said on Thursday its first-half 2010 net profit fell by 70 percent on the back of rising costs.

The company said its net profit for January through April period fell to 799.9 million roubles ($26.06 million) from 2.67 billion roubles in the year-earlier period as operating costs increased by 25 percent due to higher fuel prices.

Earnings before interests, taxes, depreciation and amortisation (EBITDA) almost halved to 2.15 billion roubles.

(Reporting by Vladimir Soldatkin; editing by Melissa Akin)