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Ukrnafta reports first quarter earnings

Photo: facebook.com/Ukrnafta

The company received about UAH 4.3 billion of net profit in the first three months of this year.

Ukrnafta ended the first quarter of the year with a net profit of UAH 4.3 billion. This was announced on April 13 by the company’s press service.

It is noted that this figure is equal to the net income received in 2020 and almost double the result for the whole of 2021 (UAH 2.4 billion).

“According to preliminary estimates, in the first quarter Ukrnafta received approximately 4.3 billion Hryvnia net income. This was achieved through comprehensive work to increase production, introduce open market sales of hydrocarbons, optimize costs and eliminate non-transparent schemes,” said Sergey Koretsky, director of the company.

According to him, Ukrnafta set an ambitious financial goal – to get 12 billion hryvnia net income by 2023.

Remember that last November Ukrnafta, Ukrtatnafta and several others passed into state ownership under the control of the Ministry of Defense.

Ukrnafta And Ukrtatnafta is headed by ex-general director of WOG gas station network Sergey Koretsky.

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Source: korrespondent

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