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Turkish Cemtas' net profit rises in Jan-Sep y-o-y

28 Oct 2021 15:02 reported by Joy Liu

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Turkish steel manufacturer Cemtas Celik Makina Sanayi Ve Ticaret A.S. (Cemtas) reported that its net profit totaled 169.06 million lira in the first nine months of this year, rising by 87.5% compared to the same period a year ago.

During the period, Cemtas’ sales revenue was 1.01 billion lira, a year-on-year increase of 99.7%. The operating profit was around 226 million lira, surging by 237.7% year on year.

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