Perm, Russia, September 07, 2017 --(PR.com
)-- The company summed up the results for the first half of 2017.
In January-June 2017, PJSC Metafrax’s revenue reached 9.6 billion roubles, exceeding the analogous figure of the previous year by 8%. The share of exports in sales totaled 42%, compared to 32% in the first half of 2016.
The volume of investments in the first half of 2017 amounted to 2.7 billion roubles. (+ 102% against the level of 2016). In particular, the company has significantly renewed the mobile tank park for the transportation of methanol.
In the first half of 2017 the company achieved net profit amounted to 3.6 billion roubles, that is 1.6 billion roubles or 80% more than the corresponding figure of 2016.
Metafrax is one of Russia’s largest producers of methanol and formaldehyde. The majority shareholder of PJSC Metafrax is the Russian company MetaHolding, which is managed by Seyfeddin Rustamov.