Naftogaz Group's net consolidated profit in the first half of 2024 amounted to UAH 24.4 billion, the company said in a report. Compared to the same period last year, net consolidated profit increased 3.7 times - from UAH 6.6 billion in the first half of 2023 to UAH 24.4 billion in the first half of 2024.
The review of Naftogaz Group's financial statements for the six months of 2024 was conducted by PricewaterhouseCoopers (PwC), an independent international auditing company.
“Despite the challenges of martial law and state-imposed obligations, Naftogaz Group continues to strengthen its position, demonstrating growth in financial results. In the first six months of 2024, we increased our consolidated net profit by nearly four times compared to the same period last year. This achievement is due to strong teamwork – I thank all Naftogaz employees for this result,” said Oleksiy Chernyshov, CEO of Naftogaz Group.
Consolidated operating profit for the first half of 2024 reached UAH 28.9 billion, compared to UAH 14 billion in the same period last year.
According to the company, Naftogaz Group managed to improve its financial results, in particular, due to an increase in revenues from the sale of gas, oil and petroleum products, as well as from natural gas distribution services.
The key companies contributing to the profit in the first half of 2024 include NJSC Naftogaz of Ukraine, JSC Ukrgasvydobuvannya, JSC Ukrtransgaz, PJSC Ukrnafta, LLC Gas Supply Company Naftogaz of Ukraine, and JSC Ukrtransnafta.
Additionally, from January to June 2024, the Group's companies paid UAH 44 billion in taxes to the state budget, accounting for 7.5% of all payments controlled by the State Tax Service of Ukraine.
