The Southern Gas Corridor (SGC) ended 2021 with $795.397 million in net profit, up 60.8 times from the previous year, Report informs.
In the reporting period, the operating income doubled to $1,763,092,000, cost of sales went up 11.2% to $328.717 million, general and administrative expenses soared 24.8% to $265.62 million, transport costs grew by 3.5-fold to $64.338 million, other income dropped 8.5% to $26.293 million, interest income slipped 9% to $34.001 million, gains from subsidiaries quadrupled to $68.38 million, financial costs jumped 5.5% to $417.343 million, exchange loss climbed 64.8% to $2.718 million, and profit tax increased by 2.2 times to $17.633 million.
As of January 1, 2022, the assets fell by 0.03% to $12,672,722,000, liabilities declined by 8.5% to $8,647,504,000, and net worth rose 24.7% to $4,025,218,000.