Oil Terminal posted a net profit of RON 12.2 million in the first half of 2026 ? 2.9 times above the level approved in the revenue and expenditure budget (up RON 8 million), but 4.6% lower than in the same period of last year, according to data released Thursday to the Bucharest Stock Exchange.Total revenues reached RON 187.33 million, up 7.4% versus the budget and 0.7% above the level recorded on June 30, 2025. Total expenses amounted to RON 174.346 million, exceeding the budget by 2.3% and rising 1% year-on-year.For 2026, the company's investment expenditure is set at RON 81.721 million, including RON 21.792 million in loan repayments and RON 59.929 million in investment spending. In the first half of the year, actual investment expenses totalled RON 23.414 million, 37.5% below the planned RON 37.478 million.Total assets fell 1.6% (-RON 14.3 million) compared with year-end levels, to RON 832.5 million.Oil Terminal holds a strategic position in the Black Sea area as the largest petroleum terminal operator in the Port of Constanta, providing services for receiving, loading and unloading crude oil, petroleum products, petrochemicals, liquid chemicals and other finished or raw liquid products for import, export and transit.The company's majority shareholder is the Romanian state, with 87.7578% of shares.