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dimsumbuffet
2021-08-31

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Gazprom triples quarterly earnings; revenues nearly double

Gazprom(OTCPK:OGZPY)says it swung to an H1 pre-tax profit of 1.24T rubles ($16.88B), whileQ2 net inc

Gazprom triples quarterly earnings; revenues nearly double

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stormlee
·2021-08-31
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revenues nearly double","url":"https://stock-news.laohu8.com/highlight/detail?id=1166102613","media":"seekingalpha","summary":"Gazprom(OTCPK:OGZPY)says it swung to an H1 pre-tax profit of 1.24T rubles ($16.88B), whileQ2 net inc","content":"<ul>\n <li>Gazprom(OTCPK:OGZPY)says it&nbsp;swung to an H1 pre-tax profit&nbsp;of 1.24T rubles ($16.88B), whileQ2 net income surged more than 3xfrom a year earlier to 521.2B rubles (~$7B).</li>\n <li>H1 net profit totaled 968.5B rubles compared with 23.92B rubes in the year-ago period, on sales of 4.35T - including a 93% increase in net sales to Europe and other countries to 702/4B rubles - vs. 2.9T the year before.</li>\n <li>For Q2, revenues rose 78% Y/Y to 2.07T rubles from 1.16T rubles in the prior-year quarter.</li>\n <li>Gazprom's Q3 results could be hurt after&nbsp;a fire earlier this month at its facilities in northern Russia reduced supplies that already were under strain.</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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