Profits of the Establishment for Chemical Industries hit SYP.18.3 billion

Economy & Aftermath
DAMASCUS, April.5, (ST)- The outcome of the final budget of the General Establishment for Chemical Industries showed that the total profits of its companies for the last year reached up to 18.3 billion Syrian pounds.
 
According to the establishment’s production report that was issued today, the Arab Medical Company (Tamiko) achieved the highest profit value which  reached SYP. 7.1 billion, while the profits of the General Company for Shoes hit SYP. 3.3 billion, and the profits values of the General Company for the Paints Industry (Umayya) hit SYP.2.8 billion. 
 
The Director-General of the establishment Osama Abu Fakhr said that the actual production value of the entire establishment’s companies hit SYP. 48.6 billion.
 
“The value of the establishment’s sales reached up to SYP 45.3 billion last year,” he added. 
 
Abu Fakhr referred to the ambition of the establishment and its companies to continue providing public and private circles and the local market with their high-quality products that meet to national standard specifications and at appropriate prices despite the challenges and difficulties that are facing these companies as a result of the unjust siege imposed on the country.
 
Basma Qaddour
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