Petkim announced its decision regarding the distribution of dividends

Petkim

Petkim made a statement regarding the decision on the distribution of dividends to the Public Disclosure Platform.

In the statement, it was mentioned that “In the General Assembly held on June 7, 2023, the Board of Directors decided to transfer the remaining amount of 6,576,410,308.09 TL from the Net Period Profit of the Parent Company, after the allocation of reserves, to the retained earnings of previous years, in accordance with the provisions of CML II-19.1 and the principles set forth in CML II-14-1 prepared consolidated financial statements of our Company, and this decision was approved in the general assembly.”

Petkim

Petkim is a Turkish petrochemical company, which is one of the leading producers of petrochemical products in Turkey. It was established in 1965 and is listed on the Borsa İstanbul stock exchange. Petkim operates a wide range of facilities, including a refinery, petrochemical plants, and storage facilities. The company produces various products such as ethylene, propylene, polyethylene, polypropylene, PVC, and many other chemicals used in industries such as packaging, automotive, construction, and textiles. Petkim plays a significant role in the Turkish petrochemical industry and contributes to the country’s economy.

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