Gazprom IFRS net profit plunges by 89% to 135.3 bln rbl in 2020 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Gazprom IFRS net profit plunges by 89% to 135.3 bln rbl in 2020

MOSCOW, Apr 29 (PRIME) -- The net profit of Russian gas giant Gazprom attributable to shareholders plummeted by almost 89% on the year to 135.341 billion rubles in 2020, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

Sales revenue decreased by 17% to 6.322 trillion rubles, and the sales profit went down bhy 45% to 614.851 billion rubles.

Net debt of the company increased by 22% in 2020 to 3.873 trillion rubles as of December 31, 2020.

(74.9390 rubles – U.S. $1)

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29.04.2021 10:26