KMG International (KMGI), the former Rompetrol group, recorded a net profit in the amount of 77.2 million dollars in the first nine months of this year, which is six times more than in the same period of last year.
The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 24 %, reaching 180 million dollars, while gross turnover increased by 28 % to 6.4 billion dollars. These are the best financial results in the group’s 20-year history and were made possible due to record operational indicators.
Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading data, tenders)
Subscription fee: 800 EUR annually – company licensed