Lukoil’s IFRS net profit jumps to 773.4 bln rbl in 2021
MOSCOW, Mar 2 (PRIME) -- The net profit of Russian oil major Lukoil attributable to shareholders of the company jumped to 773.4 billion rubles in 2021 from 15.2 billion rubles in 2021, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Wednesday.
Revenue soared to 9.435 trillion rubles from 5.639 trillion rubles, while earnings before interest, taxes, depreciation, and amortization (EBITDA) more than doubled to 1.404 trillion rubles from 687.1 billion rubles.
Free cash flow of the company surged to 693.6 billion rubles from 281.1 billion rubles, while capital expenditures decreased to 433 billion rubles from 495.4 billion rubles.
For further details, see the company’s statement on its official website:
https://www.lukoil.com/PressCenter/Pressreleases/Pressrelease?rid=577486
(91.7457 rubles – U.S. $1)
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