Sovcomflot's loss under IFRS for 3 months of 2025 amounted to $393.014 million, against a profit of $216.019 million in the same period last year. Revenue decreased 49% to $278.468 million from $545.771 million a year earlier.

Sovcomflot's RAS loss for 3 months of 2025 amounted to ₽296.78 million, up 435% from ₽55.47 million in the previous year. Revenue rose 3.1% to ₽29.29 million against ₽28.42 million a year earlier.

Sovcomflot's IFRS net profit for 2024 amounted to $424 mln, down 2.2 times from $943 mln in the previous year. Revenue decreased by 19.4% to $1.87 bln against $2.32 bln a year earlier.

USA imposed sanctions against about 100 vessels involved in the transportation of Russian hydrocarbons, which are related to or owned by Sovcomflot, Rosneft and Gazprom Neft. Sixty-nine vessels are identified as blocked, including 54 oil and oil product tankers and four LNG carriers owned by Sovcomflot. Another four sanctioned vessels belong to Emirati compa...