In H1, net profit of Kazanorgsintez grew more than 3 times
By results of the first six months of the current year, Kazanorgsintez, included in the TAIF group, one of the largest manufacturers of petrochemical products in the Russian Federation, increased its net profit 3.3 times as compared with the same period of the previous year to 9.27 billion rubles, the company's statements under RAS report.
In January - June 2015, the Kazanorgsintez’s revenues increased 1.2 times (+ 27.7%) to 34.24 billion rubles (26.9 billion rubles in the six months of 2014), while the gross profit made up 13.84 billion, which is twice more than in the previous year (7.3 billion rubles). The operating profit of the enterprise increased 2.6 times to 12 billion rubles.