REUTERS

According to the report, Naftogaz's net income from sales of products over the nine months of this year has increased to UAH 130.649 billion from UAH 95.574 billion y-o-y.

The gross profit of the company for the reporting period was reduced to UAH 27.477 billion from UAH 33.684 billion a year earlier.

Read alsoGazprom appeals Stockholm Arbitration decision in dispute with NaftogazAs UNIAN reported earlier, Naftogaz of Ukraine in 2016 reported UAH 26.5 billion of net profit, whereas in 2015 the company received UAH 27.7 billion of net loss.

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UNIAN memo. Naftogaz of Ukraine is Ukraine's largest state-owned vertically integrated oil and gas company, with its enterprises producing about 90% of all gas and oil extracted across Ukraine.

The company is engaged in the development of deposits, extraction of oil and gas, their transportation, as well as the sale of petroleum products through its own network of filling stations.