Nizhnekamskneftekhim RAS Net Profit at USD 80,5mn in Jan-Mar
OREANDA-NEWS. May 19, 2008. The RAS net profit of Russia ’s petrochemical company Nizhnekamskneftekhim amounted to RUB 1,92bn (USD 80,5mn) in Jan-Mar 2008, a company spokesperson announced without providing comparison.
The company’s sales revenue rose 29,6% y/y to RUB 18,4bn in the reporting period. Nizhnekamskneftekhim, based in the constituent republic of Tatarstan , is Russia 's largest producer and exporter of petrochemical products. Its RAS net profit rose 15% y/y to about RUB 3,8bn (USD 154mn) in 2007.
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