Fuel retailer Makpetrol expects to generate a net profit of 873.1 million denars (14.2 million euros) in 2024, up 13% compared with a year earlier, the company said in a bourse filing.
The company anticipates its total revenue to increase 6% on the year to 32.3 billion denars. Its total expenses are projected at 31.4 billion denars in 2024, which is 6% higher compared with the previous year. The fuel retailer expects its operating revenue to rise mostly due to planned higher margins.
The company plans investments of 807 million denars in 2024, up from 366 million denars last year.
