Southern Gas Corridor completes first half of year with net profit of USD 726.6 mln.

Southern Gas Corridor completes first half of year with net profit of USD 726.6 mln.
# 13 November 2023 17:39 (UTC +04:00)

The Southern Gas Corridor (SGC) CJSC has completed the first half of current year with a net profit of USD 726.6 mln., APA-Economics reports.

The total income during January-June of current year amounted to USD 1.39, and after deducting sales expenses amounting to USD 245.12 million, the net income amounted to USD 1.15 billion.

The operating profit of SGC amounted to USD 940.83 mln., financial expenses amounted to USD 284.79 mln., and profit before tax amounted to USD 739.8 mln.

Note that it is impossible to compare the results with the same period of last year since the company didn’t disclose the profit and loss report for the first half of 2022.

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