Gazprom Neft net profit under IFRS fell by 40% – Kommersant
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Gazprom Neft published financial statements for the first half of 2023. The company’s net profit under IFRS in the first half of the year decreased by 40.1% compared to the same period in 2022, to RUB 304.413 billion.
Gazprom Neft’s revenue for six months fell by 14.6% to 1.55 trillion rubles. Revenue in the second quarter amounted to 821.6 billion rubles. against 835.8 billion rubles. a year earlier. Profit for this period amounted to 306 billion rubles. compared to 527.6 billion rubles. a year earlier.
Operating expenses for six months decreased by 5% – to 1.162 trillion rubles. Operating profit fell by 33.6% to RUB 389.875 billion, profit before tax fell by 39% to RUB 370 billion, and income tax expenses fell by 38% to RUB 64 billion. Other expenses amounted to RUB 19.8 billion.
The last time Gazpromneft disclosed financial statements for 2021. After that, the company took advantage of government permission not to publish these data.
May 23 Board of Directors of Gazprom Neft recommended pay dividends for 2022 at the level of 81.94 rubles. per one ordinary share (taking into account already paid for nine months). Thus, the size of the final dividend will be 12.16 rubles.
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