Ukrnafta receives almost UAH 4.2B in net profit in Jan-Sept 2021

This is evidenced by the company's financial statements, Ukrinform reports.

In January-September 2021, Ukrnafta increased net income by 55.3% compared to the same period last year, to UAH 24.956 billion. In July-September 2021, the company received UAH 2.568 billion in profit. In the third quarter of 2021, Ukrnafta extracted 382.5 thousand tonnes of oil and condensate and 290.7 million cubic meters of gas.

The average daily production of oil and condensate in the third quarter amounted to 4.16 thousand tonnes per day, which is 0.2% more than in the second quarter of 2021. The average daily gas production in the third quarter was 3.16 million cubic meters per day, which is 3.3% more than in the second quarter.

As reported, PJSC Ukrnafta's sales revenue grew by 26% in 2020 compared to 2019, and the company's net profit reached UAH 4.3 billion.

At the end of 2020, PJSC Ukrnafta fully repaid the tax debt to the state for VAT, income tax and rent payment, accrued fines and penalties for late payment of monetary obligations. The total amount of repaid debt reached UAH 28.9 billion.

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