Şişecam declares TL484.3 million net profit

Date: 29 March 2011
Source: http://www.todayszaman.com
Turkey's glass manufacturer Şişecam declared 484.3 million Turkish Lira (TL) net profit in 2010. (one USD equals 1.553 TL)Şişecam stated on Friday that its consolidated sales increased 15 percent to 4.2 billion TL in 2010 when compared to 2009.

Its export volume reached 800 million TL last year.

Şişecam's consolidated equities rose 12 percent to 4.1 billion TL, while net financial debt dropped 519 million TL to 393 million TL in 2010 when compared to 2009.

Şişecam is one of the major industrial groups in Turkey, mainly active in glass production and marketing. With 13,000 employees, the company produces flat glass, tableware, containers, glassfibre, chemicals, glassmaking raw materials, metalworks and moulds.

600450 Şişecam declares TL484.3 million net profit glassonweb.com

See more news about:

Others also read

Şişecam Flat Glass Introduced its Solar Energy Glasses at Intersolar
As the leader of the plate glass market in Turkey, and the largest manufacturer in Europe, Şişecam Flat Glass took its place at Intersolar with its cutting-edge products.
Şişecam Flat Glass participated in the 2nd Advanced Materials in Construction Summit
Keeping energy efficiency in the forefront Şişecam Flat Glass participated in the 2nd Advanced Materials in Construction Summit held in Berlin with its state-of-the-art products.
Şişecam Group strengthens its position in India
Şişecam bought a further 49.8% stake in HNG Float Glass Limited, its flat glass manufacturer affiliate in India, for 85.4 million US Dollars.
Şişecam Group acquires its second flat glass manufacturing facility in Italy
One of the global players of the glass industry, Şişecam Group has completed its acquisition process of Sangalli Vetro Manfredonia facility.
Prof. Ahmet Kırman
Şişecam Group reported consolidated net sales of TL 3.1 billion and a net profit of TL 569 million in the first quarter ended March 31, 2018. The Group's consolidated EBITDA reached TL 907 million for the same period.

From industry

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/İstanbul
Turkey

Add new comment