SIBUR posts Q1’13 net profit of RUB 15.63 bln (-26.2%, year-on-year)
In the first quarter of 2013, net profit of SIBUR Holding OJSC calculated under IFRS made RUB 15.63 bln (-26.2%, year-on-year), the Company says.
In the accounting period, the revenue of SIBUR Holding fell 7.6%, year-on-year, to RUB 66.184 bln.
SIBUR is a uniquely positioned vertically integrated gas processing and petrochemicals company. It owns and operates Russia’s largest gas processing business in terms of associated petroleum gas processing volumes and is a leader in the Russian petrochemicals industry.
As of 31 March 2013, SIBUR operated 27 production sites across Russia and employed over 30,000 personnel. SIBUR serves over 1,500 large customers operating in the energy, automotive, construction, fast moving consumer goods (FMCG), chemical and other industries in approximately 60 countries.