Russia's sixth oil producer Tatneft widened its revenue 22 percent for the first half of 2005
Russia?s sixth oil producer Tatneft widened its revenue 22 percent for the first half of 2005 up to 81.879 billion rubles from 67.04 billion rubles for the same period last year.
The net earnings of Tatneft for January-June 2005 totalled 16.13 billion rubles (about US$560 million), up 40 percent from January-June 2004.
Tatneft's authorized capital equals 2.33 billion rubles. It was issued 2178690.7 thousand ordinary shares and 147508.5 thousand preferred stocks at par value of 1 ruble. Company's revenue for the year 2004 raised 29 percent up to 151 billion rubles.