GO
Loading...

Russia's Tatneft H1 net profit falls 17 pct y/y

Tuesday, 2 Oct 2012 | 6:31 AM ET

MOSCOW, Oct 2 (Reuters) - Russian mid-sized oil producer Tatneft said on Tuesday its first-half net profit declined 17 percent, year-on-year, to 32.9 billion roubles ($1.06 billion) on the back of higher taxes.

Revenue in the first six months of the year edged up 0.1 percent to stand at 294.2 billion roubles.

($1 = 31.0372 Russian roubles)

(Reporting by Vladimir Soldatkin; Editing by Maria Kiselyova)

((vladimir.soldatkin@thomsonreuters.com)(+7 495 775 12 42)(Reuters Messaging: vladimir.soldatkin.thomsonreuters.com@reuters.net))

Keywords: TATNEFT/RESULTS