Montenegrin fuel retailer Jugopetrol achieved a net profit of 8.8 million euros in the first nine months of 2025, up from 7.3 million euros in the same period last year.
The company’s net sales amounted to 196.3 million euros, representing a 3.1 percent decrease compared to the same period in 2024. Operating expenditures also declined by 4.3 percent, reaching 183.6 million euros.
At the end of September 2025, Jugopetrol’s total assets stood at 158.4 million euros—an increase of 25 percent compared to the end of 2024. The company’s retained earnings amounted to 29.7 million euros, while long-term liabilities were 3.4 million euros and short-term liabilities totaled 48.3 million euros.
Jugopetrol reported a net profit of 7 million euros for the full year 2024, roughly matching its 2023 performance. The company’s majority shareholder remains Greek Hellenic Petroleum International, which has held a 54.35 percent stake since 2002.
