Tatneft’s net profit for nine months increased by 13%

Tatneft’s net profit for the nine months of 2023 increased by 13% in annual terms to 208.395 billion rubles, as follows from the company’s report according to Russian accounting standards (RAS).

At the same time, revenue during the reporting period decreased by 9.8% to 899.68 billion rubles, cost – by 4.8%, to 617.43 billion rubles. Sales profit fell by 27.4% to RUB 213.53 billion.

During trading on the Moscow Exchange on November 2, the price of the oil company’s securities decreased by 0.63% to a minimum of 602.5 rubles. As of 12:55 Moscow time, the securities cost 603.3 rubles. (-0.49%). At the same time, the Moscow Exchange index was 3219.39 points (+0.4%). Since the beginning of the year, the company’s quotes have increased by 73%, the benchmark by 49%

Based on the results of the first half of 2023 “Tatneft» earned RUB 147.67 billion, which is 6% more than the same period last year. Finam experts predicted a net profit of 147.2 billion rubles.

September 28 “Tatneft» reportedthat its shareholders at a repeated extraordinary meeting approved dividends for the first half of 2023 in the amount of 27.54 rubles. per preferred share.