Russneft received 33 billion rubles of annual profit under IFRS against a loss in 2020
Russneft in 2021 received a net profit under IFRS of 32.7 billion rubles against a net loss of 23 billion rubles a year earlier, the company's report says.
Revenue doubled to 269.4 billion rubles.
The company received an operating profit of almost 58 billion rubles in the reporting period, compared with a loss in 2020 of 19.9 billion rubles.
Profit before tax of RussNeft in 2021 amounted to 47.2 billion rubles against a loss of 20.3 billion rubles.
Long-term loans and borrowings at the end of 2021 amounted to 80.6 billion rubles against 86.9 billion rubles at the end of 2020. Short-term loans and borrowings as of December 31, 2021 amounted to RUB 7 billion compared to RUB 6.9 billion at the end of the previous year.