Ukrgasdobycha increased net profit by 160 times in 2014

​Ukrgasdobycha PJSC ended 2014 with a net profit of 1.425 bln grivna against 8.93 mln grivna in 2013. The company’s net profit in 2014 rose by 8.3% (by 748 mln grivna) to 9.744 bln grivna.

“The investment into the capital construction rose by 22 mln grivna and made up 2.94 bln grivna. The taxes in 2014 amounted to 6.229 bln grivna, by 663.8 mln grivna more than in 2013. The labor payment fund rose by 130 mln grivna to 1.584 bln grivna”, is reported.

Ukrgasdobycha in 2014 settled 1.65 bln grivna of loans, including 0.507 mln grivna of interest by the loan (previous 3 years it paid only interest).

The debt of Naftogas Ukrainy before Ukrgasdobycha in 2014 fell by 18.5% (by 507 mln grivna) to 2.233 bln grivna.

“The investment volume into the joint activity with Ukrgasdobycha in 201 rose by 93% and amounted to 1.329 bln grivna. The stake of the net profit of Ukrgasdobycha from the joint activity rose by 108% to almost 744 mln grivna”, the company says.