In 2015, net profit of Nizhnekamskneftekhim grew 3 times
Edited by Rhod Mackenzie / 2016-03-03 06:49:39
In 2015, Nizhnekamskneftekhim (a part of the TAIF Group), the leading Russian producer of synthetic rubber and plastics, increased its net profit 2.9 times as compared with the previous year to 26.5 billion rubles, the company's financial report under RAS informs.
At the same time, the company's revenue increased by 13.3% to 150.6 billion rubles.
The revenues from the exports sales increased by 15.1% to 72.4 billion rubles. The domestic sales grew by 11.7% to 78.2 billion rubles. The production costs increased by 2.1% to 112.1 billion rubles, the gross profit - 1.7 times to 38.5 billion rubles. The company doubled its profits from sales to 27.3 billion rubles, the pretax profit increased 2.9 times to 33.6 billion rubles.
