JANAF continues further with successful performance trend – profit up by 52%

29.04.2015. 12:10

Zagreb - JANAF Plc., joint stock company listed on the Zagreb Stock Exchange, announced today, on 29 April 2015, the unaudited and unconsolidated financial statements for the period from 1 January until 31 March 2015.

In the stated period, JANAF Plc. realized the gross profit in the amount of HRK 36,2 mil. and the net profit in the amount of HRK 29,0 mil., which is for 52,3% higher than the profits realized in the same period of the last year. The total revenues amounting to HRK 147,7 mil. show a 34,0% increase in comparison with those realized in the same period of the previous year.

The revenues obtained from crude oil transport, amounting to HRK 87,6 mil., account for 63,3% of the revenues realized from the Company core business, of which 90,9% relates to the foreign market. The crude oil transport revenues were increased by 25,2% with respect to the previous year.

The revenues obtained from crude oil storage, amounting to HRK 31,1 mil., account for  22,5% of the core business revenues. These revenues are for 24,4% higher than those of the last year due to crude oil storage for new foreign client.

The revenues from petroleum products storage, in the amount of HRK 19,6 mil., account for 14,2% of the revenues obtained from the Company’s core business. The realized revenues are for 91,1% higher than those of the last year due to use of new storage capacities.

In 2015, JANAF further continues with investment projects related to construction of the Krk island-mainland subsea oil pipeline and upgrade of the Omišalj Terminal, that will open up new opportunities for JANAF’s further development and successful business performance, together with increasing storage of crude oil and petroleum products, as well as realization of the project of the Adriatic Centre for crude oil and petroleum products storage at Omišalj.