Bank Of Baku

Petkim gets sharp rise in net profit

Petkim gets sharp rise in net profit
# 30 April 2015 11:48 (UTC +04:00)

Bakı. Aqşin Rafiqoğlu - APA-Economics. Petkim has increased profit.

 

According to Anadolu Agency, the company’s receipts amounted to 937 mln lire in the first quarter of 2015. Pre-tax incomes made 84 mln lire, net profit stood at 44,400,000 lire.

 

Petkim Director General Sadettin Korkut said that together with investments of 2014, company’s production capacity increased 13%, operation productivity extended, energy and single raw material costs declined.

 

He also noted that the company plans to invest $125 mln in 2015.

 

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