Oil Pipeline Operator JANAF Posts Large Profits

ZAGREB, February 26, 2018 – The oil pipeline operator JANAF’s net profit in 2017 amounted to 290.7 million kuna, the same as the year before and 41.7% more than planned, the company said in a press release on Monday.

JANAF’s total revenues amounted to 780.8 million kuna, or 3.7% more than in 2016 and 14.3% more than planned.

JANAF’s total expenses in 2017 amounted to 426.1 million kuna, or 3.5% less than in 2016.

Gross profit totalled 354.7 million kuna, or 4.9% more than in 2016 and 38.3% more than planned, the press release said.

 

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