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Tatneft tots up nine-month take
By Upstream staff
Russian mid-sized oil company Tatneft posted a nine-month profit of 29.5 billion roubles ($1.19 billion) today.
The company said its revenue for the first nine months of this year through to 30 September was 258.4 billion roubles ($10.44 billion).
Earnings before interest, taxation, depreciation and amortisation (Ebitda) were 49.1 billion roubles.
The results, calculated by US Generally Accepted Accounting Principles standards, had not been audited, the company said.
The company did not provide last year's results for the same time period for a comparison.
Tatneft is controlled by the republic of Tatarstan's government, located in Russia's Volga region.
Friday, 21 December, 2007, 21:32 GMT | last updated: Friday, 21 December, 2007, 21:32 GMT
