Ukrnafta increases revenue 2.7x yoy in 1Q10

Ukrnafta (UX: UNAF UK) disclosed its 1Q10 financial results according to UAS in a company filing yesterday: net revenues increased 2.7x yoy to UAH 3.2 bln, its gross income was UAH 961.7 mln (vs. UAH 75.1 mln in 1Q09), and net income was UAH 718.2 mln (vs. a net loss of UAH 305.7 mln in 1Q09).