Novatek’s net profit attributable to shareholders under the International Financial Reporting Standards (IFRS) declined by 3.1% year-on-year in the first half of 2026 to 218.7 bln rubles ($2.8 bln), the company reported. Revenue from sales increased by 3.9% to 836.3 bln rubles ($10.71 bln). Normalized profit attributable to shareholders, excluding the effect of foreign exchange differences, declined by 8.7% to 216.5 bln rubles ($2.77 bln). Non-current assets decreased by 8.8% to 2.89 trln rubles ($37.02 bln), while non-current liabilities fell by 9.6% to 325.5 bln rubles ($4.17 bln). Net cash generated from operating activities declined by 12% to 172.2 bln rubles ($2.21 bln).