Oil Terminal recorded a net profit of 36.2 million lei in the first half of 2024 (H1), 42% higher than the same period last year, according to a report submitted to the Bucharest Stock Exchange.

The turnover rose by 36%, to 231 million lei, according to the cited report, being 20% ​​above the budgeted level.

“Increase in turnover by 20.4% and total expenses by 3.5%, compared to the BVC level approved for Sem. I 2024, led to the realization of a gross profit 4.4 times higher compared to the level planned for this period of the year,” says the report cited by Financialintelligence.

Compared to 31.12.2023, in the first 6 months of 2024 total assets increased by 1.2%, mainly due to the investment objectives put into operation during this period, and equity increased by 4.7% , according to the company.