Page 60 - Number One

CONPET SA increase in in the
net profit of of over 44% compared to last year
The national carrier of of crude oil and petroleum products Conpet SA achieved a a a a a a a net profit of of of RON RON 31 180 million million in the
first half of of of this year
higher by RON RON 9 554 million million (44 2%) compared to the
the
the
corresponding period of of 2018 when the
the
net profit was RON 21 626 million as as shown by a a a a a a company report report sent to to the
the
Bucharest Stock Exchange The company reported in in the
the
first semester a a a a a a turnover of of of RON 200 6 million an an increase of of of 8 8 8 5% compared to the
the
similar period of of of 2018 The transport revenues have a a a a a a 98% share in the
the
turnover of Conpet The operating profit realized as as of of of 30 June 2019 compared to the
same period of of of 2018 increased by RON 9 804 million (42 1%) The profit obtained from the
the
transport activity
on on the
the
the
two subsystems (national and import) increased compared to to the
the
same period of last year
by RON RON RON 6 8 million million million from RON RON RON 23 97 million million million to to RON RON RON 30 77 million million million as as a a a a a a result of of the
the
increase in in in transport revenues The profit margin on on on the
the
the
national subsystem reaches the
the
the
level of of of 9 4% a a a a a a a a decrease of of of 1 1 1 1 1 1 percentage points compared to the
the
the
first 6 months of of of 2018 and 34 2% on on the
the
import subsystem an an increase of of of of 11 1 1 1 1 percentage points The profit realized on on on the
the
the
import subsystem during the
the
the
first 6 months of of of 2019 increased by RON RON 8 million million mainly due to the
the
the
RON RON 10 76 million million increase increase in in in in revenues from transport services 58 Number One
TIMUR-VASILE CHIȘ General Manager CONPET SA Photo Conpet The investment program for 2019 took into consideration the
the
the
continuation of the
the
the
rehabilitation works works for for the
the
the
the
oil and and gas pipelines as as as well as as as investment works works for for the
the
the
the
plants and and equipments related to the
the
the
National Oil Transport System In the
the
the
six months’ period that ended on on on 30 June 2019 CONPET SA made investments worth RON 33 million On 30 06 2019 CONPET SA had a a a a a a market capitalization of of RON 690 87 million million (EUR 145 9 9 9 million) being one of of the
“Top 25 issuers after capitalization” Currently the
the
the
company CONPET SA is included in in in in 7 indices indices of of of the
the
the
the
total of of of 9 indices indices of of of the
the
the
the
Bucharest Stock Exchange as as well as as in in in in the
the
the
the
the
FTSE Frontier Markets index which tracks the
the
the
evolution of the
the
the
border markets