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Galnaftogaz increases EBITDA 3.2x yoy in 9M08 according to IFRS

Galnaftogaz increases EBITDA 3.2x yoy in 9M08 according to IFRS

12 December 2008

Galnaftogaz (GLNG) posted its 9M08 consolidated IFRS financial results on its website yesterday. The company reported EBITDA of UAH 339.5 mln (USD 45.4 mln), up 3.2x yoy; and net income of UAH 173.1 (USD 23.1 mln), up 7x; net revenue of UAH 4.2 bln (USD 556.8 mln), up 89% yoy.

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