Petkim’s earnings increased 4.8-fold


November 16, Fineko/ Petkim Petrokimya Holding’s earnings of increased by 4.8 times in 2008-16.

In the course of a business lunch, organized by the American Chamber of Commerce in Azerbaijan (AmCham), president of the State Oil Company (SOCAR) Rovnag Abdullayev stated that holding’s earnings increased after acquisition of its assets by SOCAR.

"Petkim’s asserts have grown by 3.7 times and equity capital of the shareholders by 2.6 times," Abdullayev said.

He added that Petkim's net profit for the first 9 months of 2017 amounted to 1.027 bn Turkish liras or $266 million.


Ключевые слова: Rovnag Abdullayev amcham socar petkim