Janaf oil pipeline operator posts record results

The Janaf oil pipeline operator posted record results in the first nine months of 2015, with revenues jumping 44.2 percent on the year, to HRK 489.4 million, and net profits by 108.7% to HRK 137.5 million, the company said on Wednesday.

Gross profits also jumped 108.7% on the year, to HRK 171.8 million.

Operating revenue totalled HRK 476.4 million, of which HRK 304.5 million came from exports. Revenue from foreign sales increased 54.3% from the first nine months of 2014. Revenue from domestic sales totalled HRK 167.05 million, an increase of 33.5%.

Expenditures in the first nine months of 2015 stood at HRK 317.6 million, up 23.5% on the year.

Investments in said period were HRK 351.7 million.

(EUR 1 = HRK 7.6)

Last update: Wed, 28/10/2015 - 16:43

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