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    Home » Russia’s Gazprom Neft first-half profit drops 54%

    Russia’s Gazprom Neft first-half profit drops 54%

    August 28, 2025
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    *Gazprom

    Moscow — Russian oil producer Gazprom Neft’s first-half net profit attributable to shareholders fell 54% year-on-year to 150.5 billion roubles ($1.86 billion), according to the company’s financial results published on Wednesday.

    The company’s revenue in January-June declined 12% to 1.77 trillion roubles, it said.
    Its board recommended a dividend payout of 17.3 roubles per share.
    ($1 = 80.8455 roubles)

    Reporting by Reuters Editing by Mark Potter – Reuters

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