Naftogaz Group increases net profit by 64% in 2024

12:44, 01.05.2025 1 min read

Naftogaz Group received almost UAH 38 billion in net consolidated profit in 2024, which is UAH 15 billion, or 64% more than in 2023.

"All key business areas showed growth: gas production, transportation and storage, sales and distribution, sale of electricity and heat," the company reported on Thursday.

At the same time, the group's gross profit for 2024 increased to UAH 89.1 billion compared to UAH 48.5 billion in 2023. At the same time, operating profit for 2024 is UAH 51.1 billion, which is almost UAH 13.3 billion, or 32% more than the same figure for the previous period.

The results of Naftogaz's activities were confirmed by an independent international audit by KPMG.

"In conditions of war, we guarantee energy stability and at the same time strengthen the financial stability of the country. I thank every employee of the group for this result," said Roman Chumak, head of the Naftogaz group.