Oil Terminal recorded 3.2 million euros profit in H1 – Romania, 17 August

The company which operates the oil terminal in Constanta port, OIl Terminal has recorded net profit in the amount of over 3.24 million euros in the first half of 2016, which is 41.4 % more compared to the same period last year.
The company’s turnover in the first six months of 2016 reached 17.6 million euros, which is some 3.2 million euros more than in the same period in 2015. As of 30 June, the pending adjustments for depreciation of tangible assets were cancelled with revenues from asset depreciation and frozen investment of about 0.25 million euros.

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