ČEPRO posts CZK 1.3bn profit, revenues of CZK 58.8bn

Published: 07.06.2019 Related countries:  U.S.A. U.S.A.

ČEPRO posts CZK 1.3bn profit, revenues of CZK 58.8bn

In 2018, ČEPRO posted a profit of CZK 1.284bn with total sales of CZK 58.8bn. This stems from an investigation by CYRRUS. ČEPRO has raised its profits for three consecutive years. Net profit exceeded CZK 1bn for the first time. The results are positively reflected in the results of expanding sales or rising prices of fossil fuels. The novelty of 2019 is the extension of pricing by the so-called ČEPRO Basic Price. Jan Duspěva, the chairman of the Board of Directors, stated that the basic price is an instrument that will enable the company to react flexibly to changes in fuel prices and to take into account the specificities of the Czech market.

Source: www.cianews.cz

Prepared by the team of foreign office CzechTrade Chicago