The company, one of the largest producers of mineral fertilizers worldwide, said revenue calculated to International Financial Reporting Standards increased 23% to 17.6 billion rubles ($721 million), while EBITDA (earnings before interest, taxes, depreciation and amortization) leapt 77% to 5.3 billion rubles ($217 million).
"EBITDA and net profit in the first nine months of 2007 have already exceeded the corresponding figures for 2006," said Akron's first vice-president, Alexander Popov.
He said rising global prices for fertilizers, reflecting global changes in demand for agricultural produce, were the major driving force behind the increase.
Akron produces over 40 types of chemicals, with annual output totaling around 4 million metric tons.
The company is planning to hold an initial public offering (IPO) on the London stock exchange in July 2008.
