Actually, losses grew 12 times
NJSC Naftogaz of Ukraine ended the nine months of this year with losses equalling 62.475 billion hryvnias, which 11.8 times exceed the figures for a similar period a year ago, according to the company’s report available on the website of the National Commission for Securities and Stock Market, LIGABusinesInform (ЛIГАБiзнесIнформ).
Summarizing the results in January-February, the net profit (sale receipts) of Naftogaz fell by 4.1%, up to 44.2 billion hryvnias, as compared to a similar period of 2013. The company received 70.6% of all gas sale proceeds - Naftogaz sold 20.7 billion cubic meters for 37.2 billion hryvnias. The proceeds from gas transportation amounted to 12.7 billion hryvnias (50.23 billion cubic meters transported).
