Reported about 12 hours ago
In 2024, Gazprom, Russia's state-controlled gas giant, reported a net loss of 1.076 trillion roubles ($12.89 billion) under Russian accounting standards, a drastic drop from a net profit of 695.6 billion roubles in 2023. This loss was attributed to a decline in the market value of shares in its oil arm, Gazprom Neft. The company is anticipated to release its financial results under international standards by the end of April.
Source: YAHOO