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Income Of Batumi Port And Oil Terminal Increased To GEL 117 MLN In 2023

ბათუმის პორტი

Corporation "Batumi Oil Terminal", owner of the Batumi Port, has publicly published its financial report for 2023. According to the document, the total income of the port and the oil terminal near the port increased by 11% to GEL 116.8 million.

According to the report of the port, the main component of the income last year was still related to the services of oil products.

In 2023, the revenues of Batumi port and oil terminal were distributed as follows:

* Proceeds from oil products shipment - 55.8 million GEL, an increase of 21% compared to the previous year;
* Port fees and services - 29.2 million GEL, an increase of 7% compared to the previous year;
* Dry cargo terminal - 17.7 million GEL, 11% decrease compared to the previous year;
* Proceeds from warehousing services - 9.6 million GEL, an increase of 35% compared to the previous year;
* Rental income - 3.9 million GEL, an increase of 5% compared to the previous year.

The assets of the port and oil terminal amount to USD 113 million, while the liabilities - USD 85 million.

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