Triple profit growth of NKNKh promises good dividends.
One of the largest petrochemical companies in Europe Nizhnekamskneftekhim (NKNKh), a leader in the production of synthetic rubbers and plastics in Russia, brilliantly reported under RAS for 2015. As follows from the document, Nizhnekamskneftekhim not only increased revenues, but also nearly tripled its net profit.
The revenue of Nizhnekamskneftekhim has overcome the barrier of 150 billion roubles, a 13.3% increase. However, the company currently has not yet presented a detailed structure of its income, so now we can only talk about the growth of sales in the domestic market by 11.7%, as well as an increase in the share of export sales, which now accounts for almost half of the total revenue of Nizhnekamskneftekhim, denominated in domestic currency.