Public joint-stock company Ukrtatnafta (Kremenchuk oil refinery, Poltava region) saw UAH 330.433 million in net profit in January-September 2014 compared to UAH 564.242 million in net loss year-over-year, the company has reported in the information disclosure system of the National Commission for Securities and the Stock Market of Ukraine.

The company said that its net revenue over the period rose by 3.5% or UAH 503.824 million, to UAH 14.867 billion.

Ukrtatnafta saw UAH 1.186 billion in gross profit compared to UAH 3.679 million of gross loss a year ago.

Naftogaz Ukrainy owns a 43.05% stake in Ukrtatnafta, another 28% is controlled by the structures of Privat Group and businessman Oleksandr Yaroslavsky.