UPDATE: Gazprom swings to 1.58 tln rbl IFRS net profit in JanSep - Oil & Gas - 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

UPDATE: Gazprom swings to 1.58 tln rbl IFRS net profit in JanSep

(Adds last four paragraphs)

MOSCOW, Nov 29 (PRIME) -- Russian gas giant Gazprom posted a net profit of 1.58 trillion rubles in JanuarySeptember after a 202.2 billion ruble loss in the same period of 2020, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on Monday.

Profit attributable to Gazproms shareholders amounted to 1.55 trillion rubles against a 218.4 billion ruble loss in the same period of 2020.

Sales revenue rose 60% to 6.7 trillion rubles.

The companys net debt decreased 10% in the period to 3.485 trillion rubles as of September 30.

Gazprom said in its Telegram channel, citing Deputy CEO Famil Sadygov, that the net debt to EBITDA ratio decreased to 1.2x and will fall to 1x until the end of 2021.

The companys dividend base amounted to 1.407 trillion rubles in JanuarySeptember and will rise in the entire 2021, it added.

Gazprom also said in the report that it increased its capital expenditures outlook for 2021 to 2 trillion from 1.8 trillion.

The average price of exports to Europe almost doubled on the year to U.S. $241 per 1,000 cubic meters in JanuarySeptember, and almost tripled to $313.4 in JulySeptember, the company said.

(75.5873 rubles U.S. $1)

End

29.11.2021 11:35
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 87.5925 +0.6871 25 jan
USD 77.3649 +0.6746 25 jan
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3235.28 -5.93 18:51 24 jan
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 292.11 -6.25 19:13 24 jan
lkoh 6198.50 -3.45 19:13 24 jan
rosn 536.90 -4.94 19:13 24 jan
sber 233.30 -5.51 19:13 24 jan
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 89.5150 +2.7850 14:59 24 jan
USDTD 79.0400 +2.1500 17:44 24 jan