ASTANA, Kazakhstan, March 8. KazTransOil JSC (Kazakhstan's national operator of the main oil pipeline) has revealed financial results for 2023, Trend reports.
According to the report, the company's consolidated revenue last year amounted to 290.4 billion tenge (about $650 million), which is 14 percent higher than the same figure for 2022.
The consolidated net profit of KazTransOil JSC at the end of 2023 amounted to 32.8 billion tenge (about $73.8 million). This is 66 percent higher than in 2022
At the same time, separate revenue for KazTransOil JSC for 2023 amounted to 240.9 billion tenge (about $542 million), which is 14 percent higher than the same figure for 2022.
In addition, separately, net profit for KazTransOil JSC at the end of 2023 amounted to 18 billion tenge (about $40 million), which is 116 percent higher than in 2022.
Furthermore, KazTransOil JSC is the national operator for oil pipelines. It is part of KazMunayGas JSC (Kazakhstan's national oil and gas company) group, and owns a diversified network of main oil pipelines with a length of 5,400 km.