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Finance

Russia's Tatneft says 2024 net income up 6% y/y to $3.5 billion

Published by Global Banking & Finance Review

Posted on March 13, 2025

1 min read

· Last updated: January 24, 2026

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Russia's Tatneft says 2024 net income up 6% y/y to $3.5 billion

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MOSCOW (Reuters) - Russian mid-sized oil producer Tatneft on Thursday posted a 6.3% rise in 2024 full-year net income to 306.14 billion roubles ($3.52 billion) on higher sales. Its 2024 revenue rose

Tatneft's 2024 Net Income Increases by 6% to $3.5 Billion

MOSCOW (Reuters) - Russian mid-sized oil producer Tatneft on Thursday posted a 6.3% rise in 2024 full-year net income to 306.14 billion roubles ($3.52 billion) on higher sales.

Its 2024 revenue rose 28% to 2 trillion roubles, it said.

($1 = 86.8500 roubles)

(Reporting by Vladimir Soldatkin; Editing by Tomasz Janowski)

Key Takeaways

Tatneft's net income rose by 6.3% in 2024.
The company's revenue increased by 28% to 2 trillion roubles.
Tatneft is a mid-sized Russian oil producer.
The financial results were reported in Moscow.
Exchange rate used: $1 = 86.8500 roubles.

Frequently Asked Questions

What is the main topic?

The main topic is Tatneft's financial performance in 2024, highlighting a 6% increase in net income.

How much did Tatneft's revenue increase?

Tatneft's revenue increased by 28% to 2 trillion roubles in 2024.

What is Tatneft?

Tatneft is a mid-sized Russian oil producer known for its significant contributions to the oil industry.

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