Profit of Kazakh oil transportation company decreases
Baku, Azerbaijan Apr.26
By Elena Kosolapova - Trend:
The net profit of Kazakhstan's KazTransOil oil transportation company ( excluding the group's companies) stood at 18.64 billion tenges (333.81 tenges = $1) in the first quarter of 2016, or 2.8 percent less than in the same period in 2015, read a message from the company Apr.26.
The revenues of KazTransOil separately, totaled 49.2 billion tenges in the first quarter of 2016, or 1.4 percent more than in the same period in 2015.
KazTransOil is Kazakhstan's largest oil transportation company which has a diversified network of main oil pipelines stretching 5,373 kilometers.
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