UK Energy Firm Posts Strong Annual Turnover, Profits
by Ship & Bunker News Team
Monday December 21, 2020
UK-based energy firm
JR Rix & Sons has seen annual turnover and profit grow despite a weaker showing from its bunkering arm,
Maritime Bunkering.
Group turnover went from just under
£0.5 billion in 2018 to just over in 2019, according to business news provider Business Live.
Profit over the period rose from
£7.7 million to
£59.5 million to
£55.4 million over the period, the report said.
"Although Maritime Bunkering saw a modest drop in turnover, this was principally due to the price of crude oil," group managing director
Rory Clarke was quoted as saying.