HomeOilCroatia: JANAF recorded nearly 50 million euros profit in the first nine...

Croatia: JANAF recorded nearly 50 million euros profit in the first nine months

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In the first nine months, oil transportation company JANAF recorded a net profit of 49.6 million euros. That is 43% higher than in the same period in 2022.

In the January-September 2023 period, JANAF generated revenues of over 113 million euros, which is 29% higher than in the same period last year. The gross profit for the first nine months amounts to 60.5 million euros.

The revenue growth comes from the core activities – the transportation and storage of oil and oil products, which amount to 109.5 million euros and are 27 % higher than the previous year.

Nearly 73% of the revenues from core activities were generated in business with foreign customers.

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