Russneft's RAS net profit for 3 months of 2024 amounted to ₽12.29 billion, up 4 times from ₽2.99 billion in the previous year. Revenue rose 76.9% to ₽71.46 billion against ₽40.4 billion a year earlier.

Trust Bank has sold part of its preferred shares in Russneft, a bank representative said, declining to disclose details of the deal. RussNeft reports that the company issued a guarantee to a Russian bank for a third party to buy 64,791,173 preferred shares worth ₽15.8 billion. A block of shares of similar size is owned by Trust Bank, but the bank has so far...

RussNeft's IFRS net profit for 2023 amounted to ₽5.85 billion, down 71% from ₽20.14 billion in the previous year. Revenue fell 17.9% to ₽238.73 billion against ₽290.86 billion a year earlier.

RussNeft's RAS net profit for 2023 amounted to ₽31.76 billion, up 3.8 times from ₽8.41 billion in the previous year. Revenue fell 13.1% to ₽238.83 billion against ₽274.77 billion a year earlier.