JANAF continues good performance: Profit in 2013 up by almost 11%

14.02.2014. 09:58

Zagreb – JANAF Plc., joint stock company listed on the Zagreb Stock Exchange, announced today the Financial Statements for the year 2013. During 2013, the gross profit was realized in the amount of HRK 113,5 mil., thus being for 10,7% higher than the profit realized in the same period last year. The declared net profit, in the amount of HRK 104,7 mil., was raised by 9,2% compared to the previous year.

The total revenues amount to HRK 475,8 mil., showing a 16,9% increase in comparison with the plan.

The revenues obtained from crude oil transport and storage of crude oil and oil products amount to HRK 421,6 mil. and are up by 6,6% compared to those realized in the previous year and up by 9% compared to the planned values.

The revenues obtained from crude oil transport, in the amount of HRK 287,4 mil., account for 68,2% of the revenues realized from the company core business operation, of which 82,3% was realized on the foreign market. The realized revenues were increased by 18,7% with respect to the previous year, owing to significant increase in transportation on the foreign market.

The revenues from crude oil storage, amounting to HRK 92,3 mil., account for 21,9% of the core business revenues, while the revenues from oil products storage, in the amount of HRK 41,9 mil., that account for 9,9% of the core business revenues, are for 2,4% higher than the ones realized in the previous year, showing approximately the same increase also when compared to the plan.

During the year 2014, two investment projects whose value reaches almost HRK 380 mil. are to be completed on the Omišalj and Žitnjak Terminals. The projects relate to storage of crude oil and oil products and shall be commissioned in March and May of this year.