Kazanorgsintez reported H1 2019 results

1 August 2019, Thursday

The company's revenue as of July 1, 2019 amounted to RUB 40.2 billion. The value increased by 3% compared to the last year at the same reporting date.

Net profit of Kazanorgsintez amounted to RUB 7.9 billion. This figure was 21% less compared to the high last year’s values. The net profit for the first half of the year was predictable under the current market conditions for polyethylene.

Under these conditions, Kazanorgsintez has launched the increased actual production output which contributed both to retaining and increasing its revenues.

Based on information by Kazanorgsintez

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