Galnaftogaz posts 1Q09 revenue of UAH 1 bln
19 June 2009
Galnaftogaz (GLNG) released its 1Q09 operating and financial results according to IFRS via a press release on Wednesday. The company reported revenue of UAH 1.0 bln, down 11.7% yoy; EBITDA of UAH 154.6 mln, up 2.2x yoy (margin of 15.2%); EBIT of UAH 126.8 mln, up 2.2x yoy; and net income of UAH 63.5 mln, up 2.3x yoy. Galnaftogaz said that as of end-1Q09 its current ratio equaled 1.2 and debt to EBITDA 4.3.
