Results of operations by Nizhnekamskneftekhim in the 1st half of the year

6 September 2019, Friday

On September 5, Kazan saw a meeting of the Board of Directors of Nizhnekamskneftekhim chaired by its Chairman of the Board and Director General of TAIF Ruslan Shigabutdinov.

According to the agenda, the meeting dealt with the company’s interim accounting (financial) statements for 6 months of 2019, as well as the implementation of the capital investment plan and the financing of capital investments in 2019.

In the first half of the year, revenues amounted to RUB 90,563 million. Compared with the corresponding last year’s period, the growth was RUB 3,059 million.

During the meeting, members of the Board of Directors also considered and approved changes to the capital investment plan and capital investment funding by Nizhnekamskneftekhim in 2019.

Based on information by Nizhnekamskneftekhim press service

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