RAS net profit of OJSC Tatneft for H1 2013 decreased by 3.2% to RUB 29.111 billion from RUB 30.086 billion the year before, the company reported.
Revenue decreased by 4.2% to RUB 167.77 billion, pre-tax profit by 5% to RUB 37.268 billion from RUB 39.195 billion.
OJSC Tatneft (tax number: 1644003838) is the sixth largest oil company of the Russian Federation in the extraction volume. As of the start of 2012, the company's proven crude oil and condensate stock (SPE/PRMS) amounted to 870 million tonnes. In 2012, the company increased oil production by 0.3% to 26.005 million tonnes.
IFRS net profit of OJSC Tatneft for 2012 grew by 18% to RUB 73.473 billion from RUB 62.104 billion the year before. Sales revenue and miscellaneous incomes from operations net of export and excise duties increased by 6% to RUB 444.099 billion.
According to the information and retrieval system DataCapital, RAS net profit of Tatneft for 2012 grew by 22% to RUB 66.707 billion. Revenue increased by 8% to RUB 344.563 billion from RUB 318.594 billion, sales profit by 6.6% to RUB 102.024 billion from RUB 95.701 billion.
"AK&M", 26.08.2013 14:17