Sovcomflot's net loss under IFRS in 2025 amounted to $648 million against a profit of $424 million in 2024. This is reported in the company's materials.
Revenue decreased by 29.9% to $1.3 billion, while revenue based on time charter equivalent decreased by 30.6% to $1.065 billion. EBITDA decreased by 2 times to $526 million.
Sovcomflot Group of Companies is a company engaged in the marine transportation of liquefied gas, oil and petroleum products, as well as servicing offshore hydrocarbon production.
