Tbilisi (GBC) - LUKOIL Georgia LLC’s net profit for 2024 was GEL 35.5 million, up 2.1 times from 2023. Operating profit for the same period amounted to GEL 39.4 million (+2.7x; y.y).

By the end of the year, the company had 23 of its own and 27 leased gas stations, as well as 10 franchised gas stations located in all regions of Georgia.

The company’s main supplier is LUKOIL NEFTOHIM BURGAS AD, a company within the LUKOIL group.

In 2024, it had a transaction of GEL 60.3 million for the purchase of goods and services with the ultimate parent company, and GEL 547.8 million with subsidiaries of the same level.

From the sale of oil and oil products, Lukoil received revenue of GEL 762.5 million, which is an increase of 57.8% (y.y). Among them, it accumulated GEL 566.8 million in revenue from wholesale sales, and GEL195.7 million from retail sales.