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@ Layer3.news
2025-05-30 12:21:52
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GAZPROM REPORTS IFRS NET PROFIT UP 1% IN Q1 2025
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✍️ Gazprom, a Russian gas holding company, reported a net profit of 660.36 billion rubles ($8.4 billion) for the first quarter of 2025, a 1% increase from the same period last year.
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👉 Gazprom's net profit attributed to shareholders under IFRS totaled 660.36 billion rubles ($8.4 billion) as of the end of the first quarter of 2025.
👉 Revenues increased by 1% to 2.809 trillion rubles ($35.8 billion).
👉 EBITDA lost 7% year on year in January-March 2025 and totaled 844 billion rubles ($10.7 billion).
👉 The total debt of the Gazprom Group dropped by 10% against the end of the last year to 6.07 trillion rubles ($77.3 billion).
👉 The level of the debt burden of Gazprom as of the end of the first quarter declined to 1.68 according to the net debt/EBITDA ratio.
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#MOSCOW #business
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