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Russia’s Rosneft shows H1 net income at 652 billion rbls

Published by Uma Rajagopal

Posted on August 30, 2023

1 min read

· Last updated: February 1, 2026

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Rosneft logo at their office, symbolizing their financial results - Global Banking & Finance Review
The Rosneft logo displayed at their Vietnam office highlights the company's strong financial performance, reporting a net income of 652 billion roubles for H1 2023, emphasizing its position as Russia's largest oil producer.
oil and gas corporate profits
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Russia’s Rosneft shows H1 net income at 652 billion rbls MOSCOW (Reuters) – Russia’s largest oil producer Rosneft said on Tuesday its January to June net income reached 652 billion roubles ($6.90 billion). Its sales stood at 3.87 trillion roubles. The company did not provide a comparison for the corresponding period in 2022. ($1 = […]

Russia’s Rosneft shows H1 net income at 652 billion rbls

MOSCOW (Reuters) – Russia’s largest oil producer Rosneft said on Tuesday its January to June net income reached 652 billion roubles ($6.90 billion).

Its sales stood at 3.87 trillion roubles.

The company did not provide a comparison for the corresponding period in 2022.

($1 = 94.4250 roubles)

(Reporting by OLesya Astakhova and Vladimir Soldatkin; Editing by Chris Reese)

Frequently Asked Questions

What is net income?
Net income is the total profit of a company after all expenses, taxes, and costs have been deducted from total revenue. It is an important indicator of a company's profitability.
What are sales?
Sales refer to the total revenue generated from selling goods or services. It is a key measure of a company's performance and market demand.
What is the energy sector?
The energy sector encompasses industries involved in the production and distribution of energy, including oil, gas, and renewable energy sources. It plays a crucial role in the global economy.
What is a financial report?
A financial report is a formal record of the financial activities and position of a business, organization, or individual. It provides insights into profitability, revenue, and expenses.

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