Market News


OIL TERMINAL S.A. - OIL

H1 report 2022

Release Date: 8/11/2022 8:00:16 AM

IRIS Code: EAFE8

No.338 /11.08.2022

To:

·         BUCHAREST STOCK EXCHANGE               

        FAX: 021/256.92.76

·         FINANCIAL SUPERVISORY AUTHORITY

        FAX: 021/659.60.51

 

NOTICE

 

 

OIL TERMINAL SA informs shareholders and investors regarding the availability of the company’s Report for the 1st Semester of 2022.

 

OIL TERMINAL SA’ Report the 1st Semester of 2022 is sent to Bucharest Stock Exchange and Financial Supervisory Authority on 11.08.2022.

 

OIL TERMINAL SA’ Report the 1st Semester of 2022 includes:

-       Interim statement of financial position on 30.06.2022;

-       Interim statement of overall result on 30.06.2022;

-       Interim statement of cash flows on 30.06.2022;

-       Interim statement of change in equity on 30.06.2022;

-       Interim statement of change in equity on 30.06.2021;

-       Notes on the simplified interim statements revised on 30.06.2022;

-       Statement of the responsible persons within the issuer, according to the provisions of art. 67 paragraph (2) letter c) of Law no. 24/2017 on financial instruments issuers and market operations;

-       The report of the financial auditor.

 

OIL TERMINAL SA’ Report related to the 1st Semester of 2022 is made available to the public, in written form, on request, at the company’s headquarters at no. 2 Caraiman str., at Shareholding-Communication Dept., as well as electronically on the company’s website http://relatia.oil-terminal.com/raportari-semestriale/, as of 11.08.2022.

 

OIL TERMINAL SA’ Report related to the 1st Semester of 2022 shall remain available to public at least 5 years.

 

OIL TERMINAL SA’ Report related to the 1st Semester of 2022 can be accessed on IRIS platform on the link below.

 

OIL TERMINAL SA informs shareholders and investors regarding the financial results related to the 1st Semester of 2022 (Budget of revenues and expenses and achieved), as well as the results of the 1st Semester of 2022 compared to the 1st Semester of 2021.

 

Achieved

S1 2022

Budget of revenues and expenses

S1 2022

 ▲ ▼ %1

Indicators (thousand lei)

Achieved

S1 2022

Achieved

S1 2021

 ▲ ▼ %2

131,667

104,744

125.7%

Net turnover

131,667

94,845

138.8%

27,786

15,678

177.2%

EBITDA

27,786

16,973

163.7%

134,674

105,202

128.0%

Total revenues

134,674

95,389

141.2%

114,132

98,430

▲ 116.0%

Total expenses

114,132

84,408

135.2%

20,542

6,772

▲ 303.3%

Gross profit

20,542

10,981

187.1%

17,806

5,079

▲ 350.6%

Net profit

17,806

9,739

182.8%

15.6%

6.5%

+ 9.1 p.p.

Gross profit limit (%CA)

15.6%

11.6%

+ 4.0 p.p.

138,850

109,367

▲ 127.0%

Valoric output (lei/pers)

138,850

100,309

138.4%

1 S1 2022 achieved / compared to S1 2022 Budget of revenues and expenses

2 S1 2022 achieved / compared to S1 2021 achieved

 

The increase in turnover by 25.7% and total expenses by 16%, compared to the approved Budget of revenues and expenses level for Sem. I 2022, led to the achievement of a gross profit 3 times higher than the level planned for this period of the year.

 

     Financial position on 30.06.2022 compared to 31.12.2021 (lei):                   

                                                                     

 

30 June 2022

(revised)

31 December 2021

       (audited)

 

 

 

Fixed assets

543.261.471

      540.108.402

Current assets

68.350.444

        54.198.960

Total of assets

611.611.915

      594.307.362

Equity

466.439.255

      452.858.076

Total of debts

134.931.153

      128.836.338

Provisions

10.150.984

        12.502.279

Subsidies for investments

90.523

             110.669

Total of equity and debts

611.611.915

      594.307.362

 

Compared to 31.12.2021, during the first 6 months of 2022, total assets increased by 2.9% (+17.3 million lei), mainly due to the investment objectives put into operation during this period, and equity increased by 3% (+13.6 million lei) as a result of recording a net profit in amount of 17.8 million lei.

 

General Director,

Sorin CIUTUREANU

 

 

Financiar Director

Adriana FRANGU

 

 

 

Development Director,                                                   

Marieta STASI  

                            

                                      

Chief of Shareholding – Communication Dept.,

Georgiana DRAGOMIR

 

 



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