KazTransOil reveals net profits
Baku, Azerbaijan, Nov. 22
By Nigar Guliyeva – Trend:
The consolidated revenue of Kazakhstan's KazTransOil JSC for the first 9 months of 2017 amounted to 164.618 billion tenge.
The figure is more by 6.6 percent compared to the same indicator for 9 months of 2016.
The consolidated net profit of KazTransOil JSC for the first 9 months of 2017 amounted to 48.77 billion tenge.
The figure is by 11.7 percent higher than the result of 9 months of 2016.
"KazTransOil" was established in April 1997 and all existing main oil pipelines and water pipelines of Kazakhstan were transferred to it. The company is engaged in transportation of oil through main pipelines in Kazakhstan and organization of transshipment of Kazakhstan oil through pipeline systems of other states.
The official exchange rate for November 22 is 330.29 KZT / USD.