What was Novatek's first-half 2024 net profit, and how did it change year-on-year?

Novatek's first-half 2024 net profit was 218.7 billion roubles ($2.8 billion), representing a 3% year-on-year decline, primarily due to rising expenses.

How did Novatek's first-half 2024 revenue compare to the same period last year?

Novatek's January-to-June 2024 revenue increased by 4% to 836.3 billion roubles compared to the same period in the previous year.

Russia's Novatek says H1 net profit edges down 3% year-on-year to $2.8 billion

Jul 24, 2026

Russia's Novatek reported a 3% year-on-year decline in first-half net profit to $2.8 billion despite a 4% revenue increase to 836.3 billion roubles, citing higher expenses.

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2026-07-24

Russia's Novatek says H1 net profit edges down 3% year-on-year to $2.8 billion

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Russia's Novatek says H1 net profit edges down 3% year-on-year to $2.8 billion

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