Russian Gazprom's losses have almost doubled this year - rosmedia

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In the first half of 2024, Gazprom's net loss amounted to 480.64 billion rubles, almost twice as much as in the same period of 2023. At the same time, the company's revenue increased by 7% to RUB 2.9 trillion.

In the first half of 2024, the net loss of the main company of the Russian Federation, PJSC Gazprom, amounted to 480.64 billion rubles, after 255 billion rubles of losses in January-June 2023. This is reported by the Russian media with reference to the company's reports, UNN reports . 

Details

It is noted that gross profit decreased by 18% and amounted to 571.8 billion rubles. The loss before taxes amounted to 685.17 billion rubles against 326.2 billion rubles a year earlier

At the same time, the company's reports show that Gazprom's revenue for the reporting period increased by 7% to RUB 2.9 trillion.

Russian media adds that accounts receivable at the end of the first half of 2024 amounted to 2.5 trillion rubles, compared to 2.595 trillion rubles at the end of 2023. Accounts payable decreased to RUB 1.14 trillion from RUB 1.324 trillion at the end of 2023.

Recall

Finance ministers from eight EU countries are convinced that Russia is lying about the strength of its economy and that Western sanctions have actually hit its military machine. They call for increased pressure on the Putin regime and support for Ukraine.

EU extends economic sanctions against Russia22.07.24, 12:24

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