Operating revenues reached RON97.8 million, down 13% from Q1/2024, while expenses rose by 7.5% to RON86 million.
“As of 31.03.2025 the tunover decreased by 13.4% compared to the level approved by the Budget of Revenues and Expenses for Q1 2025, as a result of the non-achievement by the clients of 13.2% of the quantities forecasted to be handled during the reference period. The decrease in the turnover compared to the planned level did not affect the economic efficiency of the oil terminal, because the company incurred total expenses proportional to the degree of achievement of the total revenues within the limits of the approved efficiency indicators,” reads the company’s report.
The company’s shares have shed 5.5% since the start of the year, amid capitalization worth around RON335 million.
(English version by Catalina Apostoiu)