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Mass media / Periodicals

Net profit of "Tatneft" under RAS in the I half-year decreased by 0.6%

"Oil of Russia" 30.07.2019 at 12:27

Net profit of Tatneft grew in the first half of 2019 decreased by 0.6% compared to the same period last year and amounted to 93,312 billion rubles, follows from the report of the company.

Revenues increased by 9.4% and amounted to 399,736 billion. Gross profit reached 160,326 billion, an increase of 9.2% in annual terms.

"Tatneft" – one of the largest public vertically integrated oil companies in Russia, which carries out its business in Tatarstan. In 2018, a group of "Tatneft" produced 29.5 million tons of oil. The company manages one of the largest complexes of oil refining factories "TANEKO".

Source: PRIME