Ukrnafta plans to receive UAH 18 bln in net profit in 2024 – financial plan
The Cabinet of Ministers of Ukraine approved the financial plan of PJSC Ukrnafta for 2024, according to which the company's net income is planned at UAH 118 billion, and net profit – UAH 18 billion.
'The draft financial plan for 2024 also provides for: UAH 31 billion in taxes and fees, and UAH 8.7 billion in dividends to the state," the company said in a press release on Wednesday.
According to the document, in 2023, Ukrnafta earned UAH 24 billion in net profit, paid UAH 26 billion in taxes and fees, and will transfer more than UAH 8 billion in dividends to the budget at the end of the year.
"In 2024, the company plans strong growth with investments in development: the start of drilling 30 new wells, the purchase and installation of world-class equipment for intensification, and the renewal of the filling station network (gasoline complexes)," Serhiy Koretsky, director of Ukrnafta, is quoted in the press release.
As reported, Ukrnafta sets a strategic goal of doubling oil and natural gas production to 3 million tonnes and 2 billion cubic meters by 2027 respectively.