&host=rt.com&uri=/business/news/tatneft-posts-9m-2008-net-income-of-1265-billion/&via=(none)&ua=CCBot/1.0 (+http://www.commoncrawl.org/bot.html))
Tatneft posts 9M 2008 Net income of $1.265 Billion
Published: 22 December, 2008, 12:56
Russian oil producer Tatneft, has posted a 9M 2008 Net Income of $1.265 Billion under U.S. GAAP.
The 9M bottom line is up 2.9% year on year, with EBITDA coming in at $2.08 Billion, up 1.8%, on Sales of $15.73 Billion.
The 9M result came on top of a 3Q which saw Net Income for the Tatarstan based producer fall 24% year on year to $388 million, with 3Q EBITDA of $578 million, down 26.6%, on Sales of $5.4 Billion.
The company attributed the 9M result to higher crude prices over the period, with a range of non recurring charges being represented in the 9M figures.
22.12.2008, 10:20
Property slump puts Moscow Government in drivers seatRussia's real estate market has seen prices dropping dramatically since mid-year, with further falls expected in 2009. This is forcing developers to sell off new property to the city. |
22.12.2008, 14:41
Aeroflot 9M 2008 Net profit drops 57% to $152 millionRussian air flagship, Aeroflot, has posted a 9M 2008 Net profit of $152 million under IFRS. |
