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Aeroflot group IFRS net profit reaches $112.11 mln in 2023

The group's revenue in 2023 increased by 48.1% to 612.1 bln rubles ($6.73 bln)

MOSCOW, March 5. /TASS/. Adjusted net profit of the Aeroflot group under the International Financial Reporting Standards (IFRS) at the end of 2023 amounted to 10.2 bln rubles ($112.11 mln) against 41.4 bln rubles ($455.05 mln) loss in 2022, Aeroflot said on Tuesday.

At the same time, for the Q4, adjusted net profit amounted to 8.3 bln rubles ($91.23 mln) against a loss of almost 39.7 bln rubles ($436.39 mln) a year earlier.

The group's revenue in 2023 increased by 48.1% to 612.1 bln rubles ($6.73 bln) and operating profit reached 182 bln rubles ($2 bln) against 13.3 bln rubles ($146.2 mln) of loss a year earlier.