Rosneft's net profit for 2024 under IFRS fell by 14.4%

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AK&M 22 April 2025 09:59

The net profit attributable to Rosneft's shareholders for 2024 under IFRS fell by 14.4% to 1.084 trillion rubles from 1.267 trillion rubles a year earlier. Sales revenue and income from associated organizations and joint ventures increased by 10.7% to 10.139 trillion rubles from 9.136 trillion rubles, EBITDA — by 0.8% to 3.029 trillion rubles from 3.005 trillion rubles, capital expenditures — by 11.2% to 1.442 trillion rubles from 1.297 trillion rubles. Adjusted free cash flow decreased by 9.3% to 1.295 trillion rubles from 1.427 trillion rubles. This was announced by the company.

PJSC NK Rosneft is a vertically integrated company, a leader in the global energy industry and one of the largest publicly traded oil and gas companies in the world.

Net profit attributable to Rosneft's shareholders in accordance with IFRS for the first 9 months of 2024 fell by 13.9% to 926 billion rubles from 1.076 trillion rubles a year earlier. Sales revenue and income from associated organizations and joint ventures amounted to 7.6 trillion rubles against 6.6 trillion rubles.