Gazprom’s losses averaged $251 million per week, $35 million per day, or $1.4 million per hour. While the company’s total revenue increased by 11% and its gas revenue by 14%, it still ended the year with a sales loss of 192 billion rubles ($2.3 billion).
The company’s financial troubles were compounded by falling share prices in its subsidiary Gazprom Neft and an increased income tax rate of 25%, which raised deferred tax liabilities.
In 2023, Gazprom posted a net loss under international accounting standards for the first time in 25 years, recording a historic deficit of 629 billion rubles ($7.6 billion).
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https://kyivindependent.com/russian-energy-giant-gazprom-suffers-13-1-billion-loss-in-2024/