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Profit fell by 40%: Gazprom will not pay dividends for 2022

Photo: Reuters (file photo)

The Russian gas monopolist’s net income fell in 2022 to 1.226 trillion rubles from 2.093 trillion rubles in 2021.

Russian monopolist Gazprom decided not to declare or pay a final dividend for 2022. In particular, such a decision was made at the meeting of shareholders. This was reported on the company’s Telegram channel.

“In particular, it was decided not to declare or pay dividends based on the performance of PJSC Gazprom in 2022. Previously, the company allocated RUB 1.2 trillion (USD 13.65 billion) to pay interim dividends for the first half of 2022 ed.) – a record volume in history Gazprom and the Russian stock market,” the statement said.

net income Gazprom in 2022 decreased by 41% to 1.226 trillion rubles from 2.093 trillion rubles in 2021.

The company has to pay about 613 billion rubles in dividends.

The monopolist’s decision not to pay dividends for 2022 was explained by local analysts to the fact that “the IFRS report turned out to be worse than expected,” and “the outlook for 2023 looks even worse and worse.”

It was previously reported that from June the US will supply liquefied natural gas to Bulgaria at lower prices Gazprom.

Bulgaria is preparing an arbitration claim against Gazprom
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Source: korrespondent

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