LUKOIL will pay dividends for 9 months in the amount of 356 billion rubles

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AK&M 17 January 2025 14:52

LUKOIL will pay dividends for 9 months of 2024 in the amount of 356.133 billion rubles. 514 rubles were accrued per share. This is stated in the company's message.

Earlier, LUKOIL shareholders approved the distribution of profits for 2023, which amounted to 655.3 billion rubles.

LUKOIL is one of the largest Russian oil companies and the second largest producer in terms of oil production in Russia. The company is engaged in the exploration, production and refining of oil and natural gas, as well as the sale of oil and petroleum products. The company is represented in 70% of Russian regions. The headquarters is located in Moscow (Russia) with offices in 30 countries.

PJSC LUKOIL's RAS net profit for 2023 decreased by 17% to RUB 655.29 billion from RUB 790.12 billion a year earlier. Profit before tax amounted to 738.2 billion rubles against 884.89 billion rubles (-16.6%). Revenue fell by 4.2% to 2.75 trillion rubles from 2.87 trillion rubles, gross profit — by 21.2% to 858.29 billion rubles from 1.089 trillion rubles.

LUKOIL's net profit under IFRS in 2023 amounted to 1.16 trillion rubles. Sales revenue (including excise taxes and export duties) reached 7.93 trillion rubles, operating profit — 1.43 trillion rubles, profit before income tax — 1.41 trillion rubles.