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“Nizhnekamskneftekhim” Doubled Its Profit


“Nizhnekamskneftekhim” Doubled Its Profit

“Nizhnekamskneftekhim” published its IFRS-based financial statement for the first half of 2011. According to the company’s statement, its income for six months amounted to RUB 8.06 billion that is twice y-o-y value (RUB 4.06 billion). The revenue made up RUB 61.27 billion for the first six months of 2011 vs. RUB 45.2 billion y-o-y.

The company’s assets are estimated at RUB 62.53 billion (RUB 57.91 billion in the first six months of 2010) including non-current assets in the amount of RUB 39.4 billion. The company’s equity increased from RUB 36.22 billion to RUB 41.19 billion if compared with 2010. The liabilities reduced from RUB 21.7 billion to RUB 21.34 billion.



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