Tatneft’s revenue in H1 rose 16% to 245 bln roubles under IAS, net profit – 61% to 32 bln roubles

Tatneft’s revenue in H1 2014 under IAS rose 16% to 244.8 bln roubles against H1 2013, is said in today’s company’s report.

In H1 2014 the consolidated sales revenue and other income from the main activity and excise duty made up 244.8 bln roubles against 211.2 bln roubles in H1 2013, is reported.

The net profit of the shareholders of the group in H1 2014 made up 51.5 bln roubles against 31.9 bln roubles in H1 2013.

The total cost of Tatneft’s assets in H1 2014 rose from 674 bln roubles to 715 bln roubles. The total amount of debts in H1 rose from 170 bln roubles to 176 bln roubles. The group’s shareholder capital increased from 503.9 bln roubles to 538.5 bln roubles.

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