The Southern Gas Corridor CJSC (SGC) ended 2022 with $1,608.399 million in net profit, up 2.13 times from the previous year, Report informs.
The operating incomes amounted to $2,649.957 million (+50.3%), cost of sales made up $344.916 million (+4.9%), general and administrative expenses $306.259 million (+15.3%), transportation costs $74.246 million (+15.4%), other income $54.911 million (+2.1 times), interest income $87.004 million (+2.6 times), share of result of associate $62.315 million (-8.9%), finance costs $551.514 million (+32.1%), foreign exchange loss $524,000 (-5.2 times), income tax expenses $30.583 million (+1.7 times).
As of January 1, 2023, total assets amounted to $13,783.856 million, up 8.77% from a year earlier.
Total reportable segment liabilities fell by 6.6% to $8,080.539 million. Total equity increased by 41.7% to $5,703.317 million.