Monday, August 13, 2007

Tatnefts H107 RAS net profit dropped 12% y-o-y.

Tatnefts net profit compiled under Russian Accounting Standards (RAS) dropped to Rub 20,735 mln ($813 mln) in January-June 2007 from Rub 23,435 mln in the same period a year ago, the oil company said in a statement Monday. First-half sales dipped 7% to Rub 89,182 mln from Rub 95,085 mln.

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[Source: Russian Stock Market Blog]

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