International Companies

Gazprom swings to $6.9bn loss as Europe sales plunge

By Benjamin Chiou

Date: Thursday 02 May 2024

(Sharecast News) - Russia's natural gas heavyweight Gazprom swung to huge loss in 2023 after sales to Europe dropped due to Western sanctions on Moscow.
The majority state-owned company headquartered in Saint Petersburg reported a net loss of 629bn roubles ($6.9bn) for last year, compared with a profit of 1.2trn roubles...

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