Klaipedos Nafta net profit reduced to EUR 3.7 mln in H1
2014-09-01, 14:17
Published in
Economy
Photo L24.lt
SC Klaipedos Nafta (Klaipeda Oil) net profit for the six months of 2014 amounts to LTL 12.7 million (EUR 3.7 million) or less by 40.7% if compared to the same period of 2013 – LTL 21.4 million (EUR 6.2 million). The company's sales income during the six months of 2014 amounts to LTL 57.8 million (EUR 16.7 million); or less 19.8% if compared to the same period of 2013 – LTL 72.1 million (EUR 20.9 million). Decreasing of net profit during the first six months of 2014 was influenced by the fact that the major client of the Company AB Orlen Lietuva delivered less products in the terminal as a result of reduced manufacturing volume of oil products in connection with the dropped oil product margins. 
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