...

SOCAR Energy Ukraine reveals its total revenues for 2020

Oil&Gas Materials 26 August 2021 20:09 (UTC +04:00)

BAKU, Azerbaijan, Aug. 26

By Sadraddin Aghjayev - Trend:

SOCAR Energy Ukraine's revenues amounted to 832 million manat ($489.4 million) in 2020, is 14.1 percent more compared to 2019, Trend reports with reference to a report of the SOCAR Energy Ukraine.

The company's operating income amounted to 769 million manat or $452.3 million (an increase of 16.8 percent over the year), deductions to the state - 3.36 million manat or $1.97 million (a decrease by 14.6 percent), payments for wages, social security and benefits - 22.5 million manat or $13.2 million (a decrease of 32.4 percent).

Last year, SOCAR Energy Ukraine's spending on improving the environmental situation in Ukraine amounted to $237,000, while in 2019 it was $255,000.

According to the report, SOCAR's investments in Ukraine at the end of 2020 were estimated at $300 million.

---

Follow the author on Twitter: agdzhaev

Latest

Latest