“Ukrnafta” after 8.7 billion hryvnia loss became profitable
“Ukrnafta” after 8.7 billion hryvnia loss became profitable
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Last year the company earned 444 million.
By year-end 2017 net profit of the largest oil producing company of Ukraine “Ukrnafta” is 444 million UAH. Last year was a loss of 8 billion 739 million.
Such data results in “Ukrnafta” on its website.
The company’s net income in 2017 rose by 19.2% (4 billion UAH 328 million) to 26 billion 907 million, and adjusted EBITDA of 88% (2 billion UAH 585 million) to 5 billion 547 million.
See also:
The London Tribunal ruled on the dispute between “Naftogaz” and shareholders of “Ukrnafta”
At the same time last year, fell oil “Ukrnafta” – 9.2% (139 thousand tons) up to 1 million 379 thousand tons, gas – 14.8% (193 million cubic meters), up to 1 billion 108 million cubic meters, liquefied gas production – by 13.4% (18 thousand tons), to 116 thousand tons. The company also reduced by 8.9% (48 thousand tons) sales of motor fuel to 493 thousand tons.
Financial indicators of PJSC “Ukrnafta”
Indicators
12 monthsazev 2017
12 months of 2016
Extraction of oil with gas condensate, thousand t
1 379
1 518
Gas production, million m3
1 108
1 301
Production of liquefied gas, thousand tons
116
134
Marketing of motor fuel, thousand t
493
541
Net income, million UAH
26 907
22 579
Profit / (loss) from operating activities, mln UAH
(68)
(14 698)
The result from operating activities before tax and excluding depreciation and amortization (adjusted EBITDA), million UAH
5 547
2 962
Profit / ( loss) before tax, UAH million
475
(11 905)
Profit tax, UAH million
(31)
3 165
Net profit / (loss), million UAH
444
(8 739)
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