Slovnaft reported earnings results for the fourth quarter of 2015. The company swung to a net profit of €35 million in the fourth quarter of 2015 from a net quarterly loss of €70 million a year previously, with its petrochemical business delivering a substantial contribution. Net sales revenues declined 24% year on year in the fourth quarter to €739 million from €977 million, with reduced prices for refinery products on export markets largely causing the deterioration.