BAKU, Azerbaijan, Nov.15
By Leman Zeynalova – Trend:
Net sales revenue of Hungarian MOL Group stood at $5.495 billion in Q3 2021, as compared to $3.472 billion in the same period in 2020, Trend reports with reference to the company.
The company’s revenues amounted to $4.878 billion in Q2 2021.
MOL Group’s earnings before interest, taxes, depreciation, and amortization (EBITDA) rose from $922 million in Q2 to $1.009 billion in Q3.
The company’s operating profit stood at $635 million in Q3, compared to $504 million in Q2 2021. Net financial expenses amounted to $111 million in Q3, as compared to $82 million worth gain in Q2 2021. Operating cash flow dropped from $1.177 billion in Q2 to $782 million in Q3.
MOL Group is a leading integrated Central & East European oil and gas corporation headquartered in Budapest, Hungary. It has operations in over 30 countries and employs 26,000 people worldwide. MOL’s exploration and production activities are supported by 80 years’ experience in the hydrocarbon field.
The Company’s share capital amounts to HUF 102,428,682,578 represented by 819,424,824 pieces registered ordinary shares of the series “A” with a par value of HUF 125 and 578 pieces registered ordinary shares of the series “C” with a par value of HUF 1,001 and one piece registered voting preference share of the series “B” with a par value of HUF 1,000 that entitles the holder thereof to preferential rights as specified in the present Articles of Association. The "B" series share is owned by the Hungarian government.
---
Follow the author on Twitter: @Lyaman_Zeyn