Croatian oil pipeline operator Janaf said that its net profit rose 27.6% in 2023 to 51.9 million euros.
Gross profit rose 26.7% to 63.4 million euros and was 73.1% higher than expected.
Total revenues reached 153.3 million euros, up 28.7% on the year.
Revenue from the core business, transportation and storage of oil and oil derivatives, amounted to 146.7 million euros, up 28% on the year and 21.5% higher than expected.
Overall costs were 30.2% higher on the year, at 89.9 million euros.