Within a year Nizhnekamskneftekhim increases the net profit by almost three times.
Edited by Rhod Mackenzie / 2016-01-18 07:40:05
Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Financial results Russia Oil and Gas Production and Refining
In 2015 Nizhnekamskneftekhim (NKNKh part of the TAIF group), according to preliminary data, had increased its net profit by 2.8 times, CEO NKNKh Azat Bikmurzin stated at the Gaidar Forum.
In 2025 the company expects earnings growth by 10.2 times. "In 2015 we achieved revenues of more than $ 150 billion, while the net profit reached 26 billion roubles, roughly", - A. Bikmurzin stated. Thus, the company was able to increase revenues by 13% to 132.9 billion roubles. Net profit for 2014 under RAS amounted to 9.27 billion roubles.
