Media Release
NGC Group Boasts 37.3% Increase in Profit After Tax for 2017
Apr 11, 2018
The NGC Group is pleased to report a recorded profit after tax of $989 million for 2017, a 37.3% or $269 million increase above the 2016 reported profit after tax of $721 million. Revenue increased by $2.977 billion from $10.903 billion in 2016 to $13.881 billion, driven by higher ammonia and methanol prices of 2% and 61% respectively.
