The fuel supplier distributor has announced a marine fuel sales of 32.6m metric tonnes last year, up by 26.8% from the sales of 25.7m metric tonnes in 2014.
Gross profit from the marine segment, however, decreased by 7.8% year-on-year to $189.6m, and the segment revenue also went down by 32.3% to $9.37bn.
The aviation and land segments of WFS, on the other hand, saw higher gross profit in 2015, but the group still recorded a 15.7% year-on-year fall in 2015 net profit to $186.9m.
“Our performance during a period of macroeconomic turmoil in many of the markets we serve demonstrates the resiliency of our business model,” stated Michael J. Kasbar, chairman and ceo of WFS.
“We continued to leverage our integrated portfolio of products, services and technology solutions, while pursuing long-term growth opportunities that will drive sustainable shareholder value,” he added.
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