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GISMETEO.RU
UJ Week
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Business    

Naftogaz, in reversal, posts massive financial loss for January-June
Journal Staff Report

KYIV, Sept 23 - Naftogaz Ukrayiny in January-June 2020 posted a net loss of UAH 11.541 billion versus UAH 24.704 billion of net profit for the same period last year.

According to the consolidated unaudited financial statements posted on the company's website, its revenue in the first half of 2020 decreased 21% (by UAH 19.063 billion), to UAH 71.928 billion.

At the end of the second quarter of 2020, the company's loss amounted to UAH 14.721 billion versus UAH 4.127 billion of net profit in April-June-2019. Revenue in the second quarter of this year amounted to UAH 27.114 billion, which is 24.1% more than in the same period last year (UAH 21.844 billion).




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