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Tatneft considers dividends.

Apr. 28 Tatneft BOD is going consider the date of the annual meeting and dividends volume, the company informed.

The 2013-activity also will be discussed.
In 2013 the annual meeting was held June 27 in Almetyevsk. The dividends were fixed in the total volume of 18.8bn (8.08 rub./pcs).

Tatneft (TIN 1644003838) is ranked as the sixth in the list of the oil producers by the output in Russia. It has 870mln ton in proved reserves. In

2012 26.005mln ton of the crude were gushed out (0.3% in rise).
In 9-month 2013 net profit (RAS) was pushed down 10% to 50.731bn rub. from 56.11bn rub. prior year. The revenues moved up 3% to 267.06bn rub. from 259.628bn rub.; gross profit being down 3% to 103.34bn rub.

The 2013 net profit declined 4% (IAS) to 70.832bn rub. from 73.473bn rub.; revenues moved up 2.4% to 454.983bn rub. from 444.099bn rub.; pretax profit being down 0.5% to 101.3bn rub.

"AK&M", 22.04.2014


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