Russia's Gazprom says H1 net income more than tripled to $10.9 billion
Gazprom moves to Q2 net income from year-earlier loss
Improving oil trade, gas exports boosted results
A rise in Sakhalin Energy's stake also boosted earnings
Adds detail, comments from deputy CEO in paragraphs 3, 4
MOSCOW, Aug 29 (Reuters) -Kremlin-owned gas giant Gazprom GAZP.MM said on Thursday its first-half net income more than tripled from a year earlier to more than 1 trillion roubles ($10.9 billion), thanks to rising gas exports and cost controls.
Gazprom plunged to a net loss of around $7 billion in 2023, its first year in the red since 1999, as its gas trade with Europe, once its main sales market, dwindled due to the military conflict in Ukraine.
Deputy CEO Famil Sadygov also said on Gazprom's Telegram channel that core earnings in the January to June period rose 19% year on year to 1.459 trillion roubles due to an improving oil trade and a rise in gas exports, including to China.
He added that a rise in Gazprom's stake in the Sakhalin Energy oil and gas project in Russia's Pacific also boosted its financials, while adjusted net profit, the base for the dividend payment, reached 779 billion roubles for six months.
Gazprom said it swung to a second-quarter net income of 389.7 billion roubles from a loss of 18.6 billion roubles a year before.
Russia has continued to diversify its trade away from the West, which has imposed numerous unprecedented sanctions against Russian business and individuals over the conflict with Ukraine, and cemented its ties with Asia, notably China.
Gazprom's CEO Alexei Miller said earlier on Thursday that the group increased natural gas exports to China by 37% in the first eight months of the year.
Reporting by Vladimir Soldatkin; Editing by Toby Chopra and Jan Harvey
免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。