Gazprom’s net profit fell by 44% year-on-year in nine months – Kommersant
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The parent company of the Russian gas concern Gazprom reported a net profit of 446.103 billion rubles received in the first nine months of 2023. At the same time, according to the accounting data reporting company, a year earlier for the same period the company made a profit of 779.798 billion rubles.
Thus, over the year, the net profit of the holding company’s parent company according to Russian accounting standards (RAS) decreased by 44%.
The company’s revenue according to RAS in January-September of this year decreased by 1.6 times – to 3.96 trillion rubles. The sales loss in the reporting period amounted to 107.23 billion rubles. against profit of RUB 2.04 trillion. a year earlier.
In October, Forbes magazine reported that Gazprom for the second year in a row became leader of the publication’s ranking of the most profitable companies in Russia. The 2nd and 3rd places in the ranking were taken by the companies Yamal LNG and Rosneft.
Today, November 7, the government introduced amendments to the Tax Code to the State Duma, increasing the amount of the mineral extraction tax (MET) on condensate for Gazprom. By estimates Head of the Duma Energy Committee Pavel Zavalny, in connection with this, Gazprom’s losses could reach approximately 1 trillion rubles. in 2025.
Read more in the Kommersant article. “Gazprom is always alone.”
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