Tatneft’s net profit under RAS decreased by more than 50% at the beginning of 2023
[ad_1]
According to the results of the first quarter of 2023, the net profit of the oil company Tatneft under RAS amounted to 50.123 billion rubles. Relative to the same period in 2022, it decreased by 2.4 times, follows from report about the financial results of the company.
Tatneft’s revenue for the first quarter of this year decreased by 1.5 times and amounted to 243.745 billion rubles. The company’s gross profit decreased by 1.8 times in annual terms to RUB 89.79 billion. The cost of Tatneft decreased by 21% to 153.955 billion rubles. Profit from sales amounted to 68,874 rubles. (reduction by 2.2 times), profit before tax – 65.644 billion (reduction by 2.3 times).
Tatneft is one of the ten largest Russian companies in terms of oil production. The main shareholder of the company is Tatarstan. In 2022 Tatneft increased oil production by 4.7%. Over the past year, the company produced 29.1 million tons of oil. Production of oil products Tatneft increased by almost 29%, to 15.99 million tons. Gas production increased by 5.6% to 935 million cubic meters. m.
About oil production in Russia – in the material “Kommersant” “Gas remained in the ground”.
[ad_2]
Source link
