Kazanorgsintez Announced Results of 2007 According to IFRS
OREANDA-NEWS. On 10 June 2008 was announced, that according to the audited consolidated statements Company's revenue increased for 38% and for the year 2007 amounted 21,2 billions rubles; EBITDA increased for 22% and amounted 5,0 billions rubles; Company's assets increased for 34% and amounted 41,9 billions rubles.
Growth of these values is provided by expansion of low pressure polyethylene and phenol production at the revamped capacities and by the favorable conditions of chemical market. Asset's increase is related to the active Company's investment policy, first stage of its development program will be completed in 2008.
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