Rosneft’s profit grew by 13% in the first half of the year
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Rosneft introduced results of the first half of 2022 under IFRS. The oil company’s net profit grew by 13.1% year-on-year, amounting to RUB 432 billion. The profit amounted to 5 trillion 172 billion rubles. (growth 32.5%).
“During the first half of 2022, Rosneft was under unprecedented pressure from negative environmental factors and illegal sanctions. However, thanks to high operational efficiency and appropriate management decisions, we were able to ensure business continuity and demonstrate stable results,” said Igor Sechin, Chairman of the Board of the Company.
He noted that the company’s financial results “form a reliable basis for interim dividends and further growth in total payments for the year.”
In June, Rosneft shareholders approved payment of dividends for 2021 at the rate of 23.63 rubles. for an ordinary share. Then 441.5 billion rubles were allocated for the payment of dividends. (50% of net profit under IFRS).
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