Croatia's Janaf boosts net profit 28% in 2023

Gross profit rose 26.7% to 63.4 million euro, and was 73.1% higher than expected, Janaf said.

Total revenue came in at 153.3 million euro, up 28.7% on the year.

Revenue from core business, transportation and storage of oil and oil derivatives, amounted to 146.7 million euro, up 28% on the year and 21.5% higher than expected.

Overall costs were 30.2% higher on the year, at 89.9 million euro.

Janaf's shares last traded on February 13, when they closed 1.12% lower at 880 euro apiece on the Zagreb bourse.

($ = 0.921 euro)