For the first 9 months of 2017 Naftogaz of Ukraine received UAH 27.1 billion in net profit. This amount is 15% higher than the same period of 2016. Financial statements for the first 9 months of 2017 was published on the website of the company.

As noted in the Naftogaz, this result was achieved primarily due to the growth segment of the transit of gas.

Profitable segments of activity

Segment of production of natural gas has brought a profit of $ 27.8 billion UAH in comparison with 10.4 billion UAH, received in 9 months of 2016.

Segment the transportation and distribution of natural gas for the reporting period brought 25.2 billion UAH of profit. This is 37% higher than in the corresponding period in 2016. It is associated with an increase in transit volumes and the devaluation of the hryvnia.

Also profitable for the first 9 months of the current year for the group was the refining of crude oil and gas condensate and crude oil transport.

The sale of gas on commercial terms the group earned profit in amount of UAH 100 million, excluding the effect from the elimination of Intersegment transactions in the amount of 2.7 billion UAH, which includes result from sale of natural gas to other segments within the group Naftogaz.

Unprofitable segments of

Segment sales and supply of natural gas, the group received a net loss of almost $ 8.1 billion UAH. The sale of gas to consumers in terms of special obligations (PSO) did the damage in the amount of more than 10.9 billion UAH.

Recall that in the first half of 2017 group Naftogaz has received 23.3 billion UAH of net profit. This is 4 billion UAH more than the result of the same period in 2016.

In 2016, the NJSC Naftogaz of Ukraine for the first time in five years received a net profit of $ 26.5 billion UAH. Compared with year 2015, the income from transit of natural gas in 2016 increased by 7.4 billion UAH.

Naftogaz increased profit by 15% 19.12.2017

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