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Friday, September 22, 2023

GamPetroleum declares D228M profit


The GamPetroleum Storage Facility Company Ltd has declared a whopping D228 million before tax profit.

This achievement was disclosed at the company’s annual general meeting held on Thursday, 1 July 2021.

Boly Beran Gye, administration and public relations officer of GamPetroleum commented that ”this laudable performance was registered during the financial year 2020/21 despite the challenges posed by the Covid-19 pandemic which seriously affected cross-border trade”. 

The PRO said the unprecedented performance also demonstrated a strong commitment on the part of GamPetroleum’s leadership and staff in general to business growth and sustainability.

GamPetroleum Storage Facility is the only operational storage facility in The Gambia with headquarters in Mandinary. The facility is mandated to provide storage facility for all petroleum products imported into The Gambia.

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