Rosneft increased EBITDA in 2022 by 9.5% to 2.6 trillion rubles

Rosneft increased EBITDA in 2022 by 9.5% to 2.6 trillion rubles

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Oil company “Rosneft» published IFRS financials for 2022.

EBITDA (earnings before interest, taxes, depreciation and amortization) in 2022 increased by 9.5% compared to 2021 to 2.6 trillion rubles, the press service of the oil company reported.

Rosneft’s revenue last year increased by 3.2% compared to 2021 (an absolute figure was not disclosed), operating profit – by 8.9% to 1.5 trillion rubles. At the same time, net income attributable to shareholders of the company decreased by 7.9% to RUB 813 billion. “The dynamics of the indicator was largely due to the influence of non-monetary factors. The achieved level of net profit is a solid basis for the payment of dividends for the reporting year,” the company noted.

Rosneft’s capital expenditures increased by 7.9% in 2022 to RUB 1.1 trillion.

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