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CONPET SA - COTE

2017 Annual Report

Release Date: 4/27/2018 8:58:06 AM

IRIS Code: 63523

CONPET SA

No.1-3 anul 1848 Street, Ploiesti, Prahova, Romania

TIN RO 1350020

NACE Code 4950

CRN J29/6/22.01.1991

Subscribed and paid-up share capital 28 569 842.40 RON

 

To: The Bucharest Stock Exchange

Phone no. +40 21.307.95.00/ Fax no. +40  021.307.95.19

 

The Financial Supervisory Authority 

Phone no. +40 021.659.60.57/ Fax no. +40 021.659.64.36; 021.659.60.51

 

 

Financial results for a period of 12 months concluded at December 31,  2017

 

 

 

At December 31, 2017, the company’s net profit reached the value of 74,388 thousand RON, 4% higher YoY.

 

The turnover achieved in 2017 represented 376,685 RON, 1.3% lower YoY.  

As compared to the previous year, the transport revenues have decreased by 1.7% (6,219 thousand RON) due to the reduction of the transported quantity by 258 thousand tons YoY. On the domestic transport subsystem the transported quantity has decreased by 134 thousand tons, and on the import transport subsystem was registered a decrease by 124 thousand tons.

The operating expenses achieved in 2017 decreased by 0.6% YoY, from 330,624 thousand RON down to 328,512 thousand RON.  

EBITDA registered an increase by 5.8%, from 120,621 thousand RON in 2016 to 127,629  RON in 2017.

The operating profit (EBIT) has increased by 3.4%, from the value of  80,306 thousand RON  2016 to 83,055 thousand RON  in 2017.

The financial result registered in 2017 was positive, namely 3,568 thousand RON.

 

Gross Profit

The profit before tax registered an increase by 3.1% YoY (86,623 thousand RON, from 84,033 thousand RON).

 

Financial Results

 

Indicators (thousand RON)

12 months 2017

12 months 2016

variation %

Quarter 4, 2017

Quarter 4, 2016

Variation %

Net turnover

376,685

381,646

  1.3%

94,175

98,804

  4.7%

Operating revenues

411,567

410,930

  0.2%

103,429

105,505

  2.0%

Operating Expenses

328,512

330,624

  0.6%

92,685

90,407

  2.5%

EBITDA

127,629

120,621

  5.8%

21,895

24,378

10.2%

Operating Profit (EBIT)

83,055

80,306

  3.4%

10,744

15,098

▼28.8%

Financial Profit

3,568

3,727

▼ 4.3%

937

1,026

8.7%

Total revenues

415,180

414,766

  0.1%

104,376

106,566

2.1%

Total expenses

328,557

330,733

0.7%

92,695

90,442

  2.5%

Gross profit (EBT)

86,623

84,033

  3.1%

11,681

16,124

27.6%

Corporate tax

12,235

12,486

2.0%

407

1,312

68.9%

Net profit

74,388

71,547

  4.0%

11,274

14,812

23.9%

 

The annual report related to 2017 financial year can be consulted by accessing the following link:

 

 

Director General

Eng. Dan-Silviu BACIU, M.B.A.

S.s. Illegible

Stamp

 

Director Economic

Econ. Sanda TOADER

S.s. Illegible

 

 



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