Date: 9 months ago   Category: Energy

The net profit of Tatneft according to IFRS has grown in the II quarter by 2,4 times — to 63,2 billion rubles — Rambler News Service


The net profit of Tatneft according to the International Financial Reporting Standards (IFRS) has grown in the II quarter 2018 by 2,4 times in comparison with an indicator for the same period of last year and has made 63,164 billion rubles. Net profit in January-June has increased by 1,7 times — to 105,174 billion rubles. The revenue of the company in the II quarter has increased by 1,6 times and has reached 233,988 billion rubles. Operating expenses for the reporting period have made 158,322 billion rubles that is 32,7% more, than for the same period of last year. Profit before the taxation has made 79,552 billion rubles that is 2,3 times more than an indicator of the II quarter 2017. The revenue of the company in January-June of the current year has grown by 33,2% and has reached 422,333 billion rubles. Operating expenses have made 293,031 billion rubles that is 21,5% more, than for the same period of last year. Profit before the taxation has made 133,651 billion rubles that is 1,7 times more than an indicator of January-June, 2017.

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