The winning arbitration helped Naftogaz last year to increase its net profit by 2.2 times



[ad_1]

NJC Naftogaz of Ukraine, according to the results of 2017, received 39.449 billion UAH net profit, which is 2.2 times more than in 2016.

This is stated in the report of the company.

"Victory in the arbitration proceedings against Gazprom has become the main factor of the Group's profitability in 2017 – Naftogaz has achieved its biggest profit of the last twenty years: 39.4 billion UAH ( 17.8 billion UAH in 2016) Without the positive effect of the arbitration procedure on gas transit net loss of -7.4 billion UAH ", – the report states.

Income of the real one in 2017 increased by 18% (from 34.714 billion UAH) to 227.478 billion UAH, while the gross margin decreased by 0.9% (from 0.629 billion UAH). UAH) to 70,331 billion UAH.

At the same time, Naftogaz noted the low marginality of the gas sales segment, which accounted for only 3% over the 2016-2017 period, with intermediaries (regional supply companies) having accumulated more than 1 billion dollars.

See also: Gas negotiations between Ukraine, the EU and Russia begin in Berlin

"The extraction and sale of gas to gas companies for the needs the population is an important part of the Group's activities, there are opaque and unscrupulous mediators between Naftogaz and the population ", commented NAK

. [ad_2]
Source link