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Nizhnekamskneftekhim announces about increased RAS net profit for 6 months of 2021, up 749.35% YoY. Total revenue’s increase is 76.16%

August 2, 2021 Cbonds
Nizhnekamskneftekhim publishes the financial statements for 6 months of 2021 prepared according to the Russian accounting standards (RAS).

Nizhnekamskneftekhim revenue for 6 months of 2021 is equal to RUB 118.16 billion, while for 6 months of 2020 it amounted to RUB 67.08 billion.

Net profit in the reference period amounted to RUB 24.94 billion compared to RUB 2.94 billion for 6 months of 2020.

According to the accounting statements of Nizhnekamskneftekhim, total assets’ increase is 18.75% YoY. Non-current assets of Nizhnekamskneftekhim are equal to RUB 220.91 billion. Current assets decreased by 1.27% to RUB 69.31 billion. Capital and reserves increased by 19.47% to RUB 154.12 billion.

Long-term liabilities’ increase is 35.69% YoY. Current liabilities’ decrease is 29.96% YoY.
  • Full name
    PAO Nizhnekamskneftekhim
  • Registration country
  • Industry
    Chemical and petrochemical industry