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Home Steel News Turkish Celik Halat ve Tel Sanayii’s net profit increases in Q2
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Turkish Celik Halat ve Tel Sanayii’s net profit increases in Q2

15 Aug 2018 15:05 reported by Sienna Wu

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Celik Halat ve Tel Sanayii AS, a Turkey-based company engaged in the production and sale of steel wires, steel wire ropes and other steel products, announced that its net profit was around 6.6 million liras in the second quarter, and it increased compared to 2.2 liras from the same period of last year. In the meanwhile, its sales amount was about 86 million liras, increased by 56.5% year on year.

Additionally, its net profit in the first half of 2018 was around 13.2 million liras, and it was higher than 5.3 million liras year on year. In the same period, its sales amount was about 164 million liras, a growth of 58.7% year on year due to the increased investment of overseas and domestic public infrastructure.

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