Naftogaz of Ukraine national joint-stock company finished 2011 with consolidated profit of UAH 10.535 billion, reads the company's audited consolidated statement.

In 2011, Naftogaz's consolidated revenues grew 16.47% or UAH 14.859 billion to UAH 105.051 billion year over year.

Its gross profits were UAH 8.398 billion versus UAH 11.388 billion in 2010.

In 2011, the company's operational profit stood at UAH 20.718 billion; whereas in 2010 it incurred operating loss of UAH 1.222 billion.

As Ukrainian News earlier reported, Naftogaz finished 2010 with consolidated losses of UAH 12.155 billion. In 2010, its consolidated revenues were UAH 90.192 billion.