Oil & Gas

27 Mar 2024

Gazprom 2023 Net Profit to Russian Accounting Standards Down 7% to $7.5 Billion

27 Mar 2024  by reuters   

A 3D printed natural gas pipeline is placed in front of displayed Gazprom logo and Russian flag in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights
Russian energy giant Gazprom (GAZP.MM), opens new tab said on Tuesday its 2023 net profit to Russian accounting standards (RAS), which do not include financial results of subsidiaries, declined by around 7% to 695.6 billion roubles ($7.51 billion).

It also said its revenue fell by almost 30% to 5.62 trillion roubles.


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