Petkim exceeded forecasts – its profit has grown


March 3, Fineko/abc.az. The net profit of Petkim, a large partner of SOCAR, amounted to 1.07 bn Turkish liras in 2020.

ABC.AZ reports that this significantly exceeds the forecasts.

Thus, the company was expected to finish 2020 with net profit of 739.1 million TL.

Petkim's sales also exceeded analysts' forecasts and reached 11.38 billion TL against the forecast of 12.13 bn TL.