Gazprom's loss under IFRS for 2023 amounted to RUB 629.08 billion

122
1
AK&M 02 May 2024 18:06

The loss attributable to Gazprom shareholders under IFRS for 2023 amounted to RUB 629.08 billion against a profit of RUB 1.2 trillion a year earlier. Revenue fell by 27% to 8.5 trillion rubles from 11.67 trillion rubles. This is stated in the company's report.

Gazprom (INN 7736050003) is the world's largest gas company. The number of Gazprom shareholders in Russia and abroad is several hundred thousand. Over 50% of the company's shares are under the control of the Russian Federation.

Profit attributable to Gazprom shareholders under IFRS for the first half of 2023 fell 8.5 times to RUB 296.2 billion from RUB 2.5 trillion a year earlier. Sales revenue decreased by 41% to more than 4 trillion rubles from 6.99 trillion rubles. The profit from sales amounted to 744.777 billion rubles, which is 71% less than a year earlier – 2.57 trillion rubles.