Tatneft’s RAS net profit rises 26.7% to 37 bln rbl in Jan–Mar

MOSCOW, May 3 (PRIME) -- The net profit of Russian oil producer Tatneft increased 26.7% on the year to 37.257 billion rubles in January–March, as calculated under Russian Accounting Standards (RAS), the company said in a statement on Thursday.

Revenue rose 14.5% to 166.004 billion rubles. Gross profit increased 16.8% to 62.601 billion rubles.

(61.9997 rubles – U.S. $1)

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