Petkim doubles profit

Petkim doubles profit
# 10 November 2017 09:00 (UTC +04:00)

Petkim Petrochemical Holding A.S. concluded the period of January-September of 2017 with TRY 1,027,104,000 in profit, up 1.99-fold from previous year. Net profit in the third quarter amounted to TRY 372,040,000, up 2.69-fold in comparison to a year earlier.

As of October 1, 2017 the assets stood at TRY 6,801,881,000, while this figure made up TRY 6,268,528,000 as of December 31, 2016.

Short-term liabilities rose 45.29% to TRY 2,611,056,000, long-term liabilities halved to TRY 698,105,000. Total liabilities were equal to TRY 3,309,162,000, up 3.43% compared to indicators as of December 31, 2016.

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THE OPERATION IS BEING PERFORMED