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ECONOMY

NOC earns Rs 9.55 billion profit

Nepal Oil Corporation (NOC) has made a profit of Rs 9.55 billion in the fiscal year 2024/25. The corporation informed about this during its 43rd Annual General Meeting on Friday. 
By Republica

KATHMANDU, April 12: Nepal Oil Corporation (NOC) has made a profit of Rs 9.55 billion in the fiscal year 2024/25. The corporation informed about this during its 43rd Annual General Meeting on Friday. 



In the last fiscal year, the corporation imported petroleum products worth Rs 356.72 billion and sold the same worth Rs 364.52 billion. 


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The NOC has sold petroleum products worth Rs 383 billion in the previous fiscal year 2023/24.


The state-owned corporation, which has a monopoly on the import and sale of petroleum products, has been facilitating the supply of petroleum products across the country.


 

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