You're reading: Naftogaz sees almost 110-fold rise in net profit in January-September

National joint-stock company Naftogaz Ukrainy saw a 109-fold rise in net profit (by Hr 25.287 billion) in January-September 2016, to Hr 25.521 billion, according to an audited report posted on the company’s website.

Net sales revenue grew by 28.9 percent or Hr 21.445 billion to Hr 95.574 billion, and the company saw a 2.5-fold rise in gross profit (by Hr 20.016 billion), to Hr 33.695 billion.