Oil Terminal, a company which operates the oil terminal in Constanta port, recorded a net profit of 5.1 million euros in the first six months of 2023. That is 43% higher compared to the same period last year.
At the same time, total revenues increase by 28%, to 34.9 million euros, while expenses rose by 26% to 29 million euros. Earning before interest, taxes, depreciation and amortization (EBITDA) increased by 49% to 8.4 million euros.
Oil Terminal handled a total of 4 million tons of crude oil, petrol, fuel oil, diesel and chemicals in the first six months, which is an 8% decrease compared to the same period in 2022.
