Unipetrol group reported revenues of CZK 35.99bn for Q3 2018, up 16% y/y.
EBITDA LIFO totalled CZK 2.05bn (down 40%) and net profit reached CZK
1.28bn (down 16%). The main negative factor were the growing oil prices
and related lower margin in the refinery and petrochemical units. Processed
oil volume totalled 2 million tonnes. Production capacity utilisation in the
refinery section reached 92%. Investments totalled CZK 1.9bn and headed
primarily into the construction of the PE3 polyethylene unit, outages in
Litvínov and Neratovice, new ethylene unit heating plant and modernisation
of Benzina fuelling stations.