Ukrnafta increases net revenue 2.2x y-o-y in 9M10
26 October 2010
Ukrnafta (UX: UNAF UK) reported its 9M10 financial results yesterday: net revenue was up 2.2 times y-o-y to UAH 13.6 bln, and net income increased 2.2x times y-o-y to UAH 2.5 bln. Andriy Gerus: We view these results positively and reiterate our BUY recommendation (see our report of July 2010).
