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Petkim increases liabilities by 68% in 1Q2018

Petkim increases liabilities by 68% in 1Q2018

04 May 2018 16:35 (UTC +04:00)

In the first quarter of 2018 Petkim’s assets increased by 29.53% to TRY 10,089,009,000.

According to the company, the revenues made up TRY 1,878,948,000, net profit - TRY 125,807,000, up 91.44% from previous year.

Financial investments amounted to TRY 8,910,000,000.

Short-term liabilities surged 2.28-fold to TRY 3,300,262,000, long-term liabilities soared 2.28% to TRY 3,615,578,000, total liabilities ascended 68.96-fold to TRY 6,648,034,000.

Total capital fell by 10.72% to TRY 3,440,975,000.

Sahilə Cabbar

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