Press-center

TAIF Group in mass-media

back to list

15.11.2008  
  “Kommersant”,  
 

“Kazanorgsintez” increased revenues


 
  During January-September, OJSC “Kazanorgsintez” received RUB 18.76 bln of revenues that exceeds by 22.1% the same period of the last year. The Company explains the increase in revenues by the increase in sales volume, the prices for production and the changes in the structure of loading. The cost of production increased by 36.1% up to RUB 14 434 bln, as the price for underlying raw gas materials increased. The gross profit decreased by 9.1%, up to RUB 4 322 bln; the sales profit - by 35.4% to RUB 2 066 bln; profit before tax – in 40.8 times to RUB 74.6 mln. During January-September, OJSC “Kazanorgsintez” increased the total volume of short-term and long-term liabilities by 25.4% if compared with the beginning of the year – up to RUB 32 055 bln. The volume of short-term credits and loans increased by 65.1% up to RUB 5 019 bln, long-term – by 24% up to 22 136 bln.
OJSC “Gazprom” supplied 215.2 th tons of ethane to “Kazanorgsintez” during the period January-September that reflects an increase by 54.3% above the same last year index. Within the mentioned period OJSC “Gazprom” remained the only supplier of this feedstock to “Kazanorgsintez”.
 
 
 

 

27, Shchapova Str.,
420012 Kazan, Republic of Tatarstan, Russia


Tel.: +7 (843) 277-94-02
Fax: +7 (843) 277-94-03
E-mail: bars@taif.ru