JSC Galnaftogaz Concern in January-March 2020 reduced its net profit by 7% compared to the same period in 2019, to UAH 318.852 million, according to the company data published in the information system of the National Securities and Stock Market Commission.
The company’s net income for the reporting period amounted to UAH 504.867 million, which is 31.7% less than a year earlier, gross profit increased by 5.2%, to UAH 265.998 million.
Galnaftogaz Concern operates one of the largest fuel fulling station chains in Ukraine. It includes about 440 filling stations, most of them under the OKKO brand. Among the minority shareholders is the European Bank for Reconstruction and Development (EBRD).
According to preliminary data, in 2019 Galnaftogaz increased its net profit by 76% compared to 2018, to UAH 945.192 million.
