In January-August 2024, PJSC Ukrnafta doubled its revenue from sales of related goods and services at its filling station network compared to the same period last year, the company reported on its Facebook page.
According to the company, the number of non-fuel receipts increased by 71% during this period.
In total, UKRNAFTA gas stations sold 9.1 million units of goods in eight months, compared to 5.3 million in January-August 2023.
The conversion ratio – the ratio between fuel and non-fuel sales – was 0.29 during this period. In 2023, it was 0.21, and in 2022, 0.12. The company’s goal is to reach one.
“The company continues to re-equip its filling stations, opening markets where kiosks used to be, which significantly improves customer service,” the statement said.
“Ukrnafta is the largest oil company in Ukraine and the operator of the national network of filling stations. In March 2024, the company took over the management of Glusco’s assets and operates a total of 545 filling stations – 460 owned and 85 managed.
As reported, in January-June 2024, Ukrnafta earned UAH 10.6 billion in net profit.
The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company, which belonged to private owners and is currently managed by the Ministry of Defense.
