JANAF continues good performance also in 2014

30.04.2014. 09:15

Zagreb - JANAF Plc., joint stock company listed on the Zagreb Stock Exchange, announced on 30 April 2014, the unaudited and unconsolidated financial statements for the period from 1 January 2014 until 31 March 2014.

In the stated period JANAF Plc. realized the gross profit in the amount of HRK 23,8 mil. and the net profit in the amount of HRK 19,0 mil., thus being for 4,9% higher than the profits realized in the same period last year. The total revenues amount to HRK 110,2 mil. and are therefore at the level of those realized in the previous year.

The revenues obtained from crude oil transport and storage of crude oil and oil products amount to HRK 105,2 mil. and are up by 1,0% compared to those realized in the previous year and up by 4,0% compared to the planned values.

The revenues obtained from crude oil transport, in the amount of HRK 70 mil., account for 66,5% of the revenues realized from the company core business operation, of which 89,4% was realized on the foreign market. The stated revenues were increased by 5,0% with respect to the previous year.

The revenues from crude oil storage, amounting to HRK 25,0 mil., account for 23,8% of the core business revenues. The revenues from oil products storage, in the amount of HRK 10,3 mil., that account for 9,7% of the core business revenues, are at the level of those realized in the previous year, while being at the same time higher for 6,9% when compared to the plan.

In the first quarter of 2014, a major investment project whose value reaches HRK 270 million is completed on the Omišalj Terminal, while the project on the Žitnjak Terminal related to oil products storage, is expected to be completed in the following period.