In 2016, Tatneft has doubled its net debt to 13.189 billion rubles
Edited by Rhod Mackenzie / 2016-06-09 12:39:09
Finance Oil and Gas Russia Dividends Financial results Russia Oil and Gas Oil Production and Refining Rosneft Tatneft
In Q1 2016 Tatneft reduced its revenue by ISA by 10.4% to 120.981 billion rubles.
On June 9, Tatneft has brought into the public its operational report for Q1 2016.
Net profit reduced by 1.5 times to 17.6 billion rubles.
Consolidated sales revenue and other income with exception for export duties and excises were 120.981 million rubles.
In Q1 2015 consolidated revenue was 135.061 million rubles.
Pretax profit reduced by 1.5 times to 24.308 billion rubles.
EBITDA reduced by 31.2% to 30.604 billion rubles.
