...

Kazakh plant’s profits down by 3 times in 2015

Business Materials 27 January 2016 20:43 (UTC +04:00)
Kazakhstan’s Aktobe Oil Equipment Plant JSC had a total profit of 180.17 million tenges (380.3 tenges/$1 on Jan. 27) in 2015

Baku, Azerbaijan, Jan. 27

By Elena Kosolapova - Trend:

Kazakhstan's Aktobe Oil Equipment Plant JSC had a total profit of 180.17 million tenges (380.3 tenges/$1 on Jan. 27) in 2015, according to a report posted on the website of the Kazakhstan Stock Exchange (KASE).

In 2014, the total profit of the plant was 535.84 million tenges.

The plant's revenues stood at 5.02 billion tenges in 2015 (6.91 billion tenges in 2014).

Assets of the plant fell from 6.15 billion tenges to 4.86 billion tenges during the year.

Aktobe Oil Equipment Plant JSC is one of the largest specialized machine-building enterprises in Kazakhstan producing integrated oilfield equipment.

The plant has implemented uninterrupted supplies of oilfield equipment for many oil companies of Kazakhstan for 12 years.

---

Follow the author on Twitter: @E_Kosolapova

Tags:
Latest

Latest