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Petkim completed first semi-annual period with significant profit growth
Petkim holding, in which SOCAR owns 61.32% share, has announced a significant growth of net profit.
Petkim General Director Sadettin Korkut said that during first semi-annual period this year net profit reached 232.3 million Turkish Lira (about $84 million), up 4 times against the same period in 2014.
The performance factor of the holding is currently 86.9%.
“We have significantly increased profitability of production owing both to successful management and high competitiveness of products,” said Korkut.—0-
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