West Indies Petroleum Terminal has reported net profit of US$650,000 and revenue of US$2.2 million for the third quarter of its 2025 financial year.
According to the company's unaudited consolidated financial statements for the quarter ended September 30, operating profit stood at US$900,000, while earnings before interest, tax and depreciation reached US$1.35 million.
For the nine months to date, total revenues amounted to US$6.5 million, compared with US$6.7 million in the corresponding period last year. Operating profit for the period was US$2.7 million.
The company says it continues to diversify its income streams, with third-party storage fees rising sharply to US$2.4 million, accounting for 43 per cent of total storage revenues, up from just 10 per cent in the previous year.
Management expects third-party revenues to continue growing in 2026, supported by increased storage and through-put volumes, including higher fuel purchases by a major client with the island's largest gas-station network.
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