REUTERS
National Joint-Stock Company (NJSC) Naftogaz of Ukraine has increased its net profit by 20% in January-September 2017, to UAH 30.579 billion year-over-year (y-o-y), according to the company's financial report, published on the website of the National Commission on Securities and Stock Market.
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 Naftogaz
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.