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Business    

Government approves Naftogaz financial plan, sees profits down 17.9%
Journal Staff Report

KIEV, July 19 - The Cabinet of Ministers at a meeting on Wednesday approved a financial plan of national joint-stock company Naftogaz Ukrayiny for 2017 with expected net profit of UAH 21.781 billion, which is 17.9% less than in 2016 (UAH 26.529 billion).

According to the draft document, net revenue of Naftogaz could grow by 29.5% compared to 2016, to UAH 208.944 billion. UAH 147.034 billion could be received from wholesale trade with fuel (UAH 99.591 billion in 2016) and UAH 61.402 billion ñ from transit and internal transportation of gas (UAH 61.385 billion in 2016).




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