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Nizhnekamskneftekhim Group Gained RUB 86.3 Billion Revenue in H1 2016


Nizhnekamskneftekhim Group gained RAS-consolidated revenue of RUB 86.3 billion in the period from January to June 2016. According to Interfax, the group did not revealed year-on-year figure in 2015.

According to Nizhnekamskneftekhim PJSCs press release, on Thursday, the Board of Directors approved the companys and totally NKNK Groups financial and operating performance for the first six months. The commodity output production target was exceeded by 8.8% during January to June of the current year. Over 336.7 thousand tons of rubber, and more than 106.3 thousand tons of plastics were produced. The year-on-year increment of output in physical volumes made up 2.3%. PBR-N (by 34.5%), HBR (by 14%) and plastics were issued more than they were during 6 months of the previous year. The sales revenue across NKNK Group amounted to RUB 86.3 billion in the first half of 2016, as the companys press release informs.

It was earlier announced that Nizhnekamskneftekhim PJSCs RAS-based revenue increased by 7% to RUB 78 billion, and the net income grew by 34% to RUB 16.43 billion in the first half of the year.



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