28 March 2024, Thursday, 15:50
Support
the website
Sim Sim,
Charter 97!
Categories

Mozyr Oil Refinery Halved Profit Taking

4
Mozyr Oil Refinery Halved Profit Taking

The decrease in profit is due to the decrease in the cost of oil products.

The publicly held company Mozyr Oil Refinery recorded a decrease in net profit in 2016 as a result of a decrease in the cost of oil products. The net profit of the company decreased by 53% to 164.68 million rubles, belmarket.by writes.

According to information from the annual report of the enterprise placed on the Unified portal for e-services, in 2016 the oil refinery increased sales revenue by 8% up to 4.5 billion rubles. The production prime cost increased by 16.7% up to 4.13 billion rubles.

The enterprise received a profit from sales of 179.9 million rubles.

According to the information contained in the report, the state owns 42.7568% of the Mozyr Oil Refinery shares.

Naftan’s net profit, on the contrary, increased last year. However, its size is ten times smaller than the one of the Mozyr enterprise.

Write your comment 4

Follow Charter97.org social media accounts