NOVATEK’s RAS net profit doubled over the year

NOVATEK's RAS net profit doubled over the year

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NOVATEK’s net profit under Russian Accounting Standards (RAS) in 2022 amounted to 640.4 billion rubles, news agencies reported, citing the company’s financial statements.

The figure exceeded the year before last (318.3 billion rubles) more than twice. The company’s revenue in 2022 increased by 10.3% and amounted to 804.8 billion rubles. The cost of sales increased to 451.9 billion rubles. (growth year on year – 6.4%).

Net profit of another Russian gas giant – Gazprom for 2022 decreased more than 3.6 times to 747.2 billion rubles. In general, according to Kommersant’s information, gas production in Russia in 2022 fell by 11.8%, to 672 billion cubic meters. m.

Detailed indicators on gas production and the prospects of the industry – in the material “Kommersant” “The Mined Future”.

Grigory Leiba

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