Cabinet approves Ukrtransgaz's 2015 financial plan with profit of UAH 5.7 bln

10:34, 31.07.2015 1 min read

The Cabinet of Ministers of Ukraine has approved the financial plan of public joint-stock company Ukrtransgaz for 2015 with projected net profit of UAH 5.7 billion.

The press service of Ukrtransgaz reported that the document foresees capital investment of almost UAH 2 billion, and payments to the budgets of all levels are planned in the amount of UAH 3.5 billion.

Ukrtransgaz Vice President Valeriy Nozdrin said that the 2015 financial plan has no deficit.

The financial plan of the company for 2015 was approved by cabinet resolution No. 716-r of July 17.

As reported, Ukrtransga z in January-June 2015 saw net profit rise by 44.8 times compared to the same period in 2014, to UAH 4.567 billion. Its net income in the first half of this year increased by 45.6%, to UAH 11.015 billion, gross profit - by 6.4 times, to UAH 6.101 billion.

Ukrtransgaz, which is wholly owned by Naftogaz Ukrainy, operates Ukraine's trunk gas pipeline system and its 12 underground storage facilities.