Oil Terminal posts 64 pct higher H1 net profit
Publicat:Cargo handling company Oil Terminal made 7.6 million lei in net profit in the first half of this year, up 64 percent from the same period of 2019, shows data referred by the company to the Bucharest Stock Exchange on Thursday.
The turnover reached 91.6 million lei, by 12.3 percent more YoY, and 12.2 percent higher than initial estimates.
"The 12.2 percent increase in turnover compared to the amount set forth in the revenue and expenditure budget approved for H1 2020 resulted in the company making a gross profit of 8,991 thousand lei. For H2 2020 we estimate a turnover within the…
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