JSC Ukrtransgaz in January-September 2018 increased net loss by 35% or UAH 5.671 billion year-over-year, to UAH 22.011 billion.
According to a financial report of the company posted on its website, net revenue fell by 7% or UAH 2.84 billion, to UAH 36.688 billion, and gross loss rose by 73.7% or UAH 5.669 billion, to UAH 13.36 billion.
As reported, in 2017, Ukrtransgaz increased net loss 4.4-fold, to UAH 24.181 billion. Net revenue grew by 31.2%, to UAH 51.181 billion, and gross loss totaled UAH 14.449 billion compared with UAH 1.948 billion of gross profit in 2016.
Ukrtransgaz, fully owned by Naftogaz Ukrainy, operates a system of gas trunk pipelines and 12 underground gas storage facilities in the country.
