Grodno Azot Reports USD 17.5m Net Profit in Q2 2014
OREANDA-NEWS. Belarusian OAO Grodno Azot's net profit totalled Br186.537 billion (USD 17.548 million) in Q2 2014, down 2.3 times year on year, according to the Q2 report of the Finance Ministry's Department for bonds and securities.
Grodno Azot's revenues reached 5.338 trillion rubles (USD 502.167 million) in Q2 2014, up 6.3% on the year.
The company's statutory capital is owned by 1,080 shareholders, including 1 entity and 1,079 individuals.
The statutory capital of Grodno Azot is made up of 6.518 billion shares with a face value of Br550,000 (USD 51.74).
The average number of employees at Grodno Azot stands at 10,499.
Grodno Azot was founded in 1963 and transformed into an open joint-stock company in 2002. The state controls 99.97% in the company. Grodno Azot is the main producer of liquid ammonia, nitrogen fertilizers, methanol, caprolactam, biodiesel fuel.
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