In Q1 2016 Ukrtatnafta made 135 mln grivnas of net loss

​Ukrtatnafta (Kremenchug oil refinery) in Q1 2016 made a net loss of 135.079 mln grivnas against 1.553 bln grivnas of net profit in Q1 2015.

The net profit of Ukrtatnafta in Q1 fell by 27.9% (by 1.693 bln grivnas) against Q1 2015 to 4.384 bln grivnas, gross profit – by 7 times to 226.821 mln grivnas.

The revenue of Ukrtatnafta in Q1 from the sale of produced oil products in the domestic market made up 3.727 bln grivnas (-21.2% against Q1 2015), from the sale of purchased for resale oil products – 449.009 mln grivnas (fell by 2.3 times), from the sale of oil products for export – 139.7 mln grivnas (-17.2%), from the sale of other services – 68.818 mln grivnas (growth by 3.9 times).

The value of raw materials in the total prime cost of sale made up 3.26 bln grivnas, value of sold oil products that were purchased – 470.3 mln grivnas, value of services on heat an electric supply – 255.4 mln grivnas, expenditure for personnel – 61.3 mln grivnas, repair and technical maintenance – 6 mln grivnas, wear out an amortization – 27 mln grivnas, other expenditure – 73 mln grivnas.

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