Bunker company KPI Bridge Oil reports an operating profit of USD 28.5 million before taxes for the displaced fiscal year 2019/2020, says the company in an update. This marks a 70 percent increase compared to the year before.
Revenue came to USD 2.2 billion. The improved operating profit is especially attributed to a 10 percent growth in volumes, while the company has also reduced its operating costs as well as costs related to third parties.
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