Keywords: Profit decline
Thursday 04 June 2026 - 11:15
Russian energy company Novatek reported a sharp drop in net profit for 2025, underscoring the growing strain Western sanctions are placing on Moscow’s liquefied natural gas sector. The country’s largest LNG producer said net income fell to 183 billion rubles, or about 2.37 billion dollars,......
Ryanair reported a 16% drop in annual profit, amounting to €1.61 billion ($1.8 billion) for the fiscal year ending in March, according to its latest earnings release. Despite this, the airline saw a modest 4% increase in total revenue, reaching €13.95 billion. Passenger traffic grew significantly,......
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