Kazanorgsintez announced earnings results for the full year of 2016. The company posted a net profit to International Financial Reporting Standards (IFRS) of RUB 17.971 billion in 2016, down 3.5% on 2015. Revenue increased 10% to RUB 75.514 billion. Pretax profit stayed practically at last year's level totaling RUB 23.34 billion.