Sunday, June 19, 2022

Led By Giant Oil & Gas Co Gazprom's 70% Earnings Increase, the 54 Russian Cos Included in the MOEX Stock Index and Reporting Their Earnings in Russian Rubles For Each of the Most Recent Three Years Saw Their Total Bottom-Line Earnings in 2021 Increase By 28% From That in 2019

From a review of the investing.com and the trading economics websites, I identified the 80 Russian Companies included in Russia's MOEX Stock Index.

Also from a review of investing.com, the table below shows the Consolidated Net Income (Loss) from Continuing Operations for annual 2021, 2020 and 2019 for each of the 54 of these 80 Russian Companies that reported their earnings in Russian Rubles and that reported such earnings in each of the most recent three years 2021, 2020 and 2019.

To illustrate how backward Russian Companies' financial reporting systems are, 18 of these 80 Russian Companies still haven't reported their annual December 2021 earnings yet.  And the overwhelming majority of these 80 Russian Companies are not now audited by one of the gold-standard Big Four CPA firms.