Rosneft’s net profit in 2022 fell by 7.9%

Rosneft's net profit in 2022 fell by 7.9%

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The net profit of Rosneft in 2022 fell by 7.9%, to 813 billion rubles. The fall was due to the transfer of assets to external management in Germany and the volatility of the ruble exchange rate. The relevant data is published in the financial report on official website companies.

“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 report says.

EBITDA increased by 9.5% year-on-year (2.551 trillion rubles vs. 2.330 trillion rubles a year earlier), revenue – by 3.2% year-on-year. The volume of capital expenditures exceeded 1.1 trillion rubles, showing an increase of 7.9% compared to 2021.

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