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Sisecam: 9-month net profits fall

Turkiye Sise ve Cam Fabrikalari A.S. (Sisecam), the parent company of Turkey“s leading glass group which comprises 23 production, packaging and marketing firms as well as a brokerage house, has annou…

Turkiye Sise ve Cam Fabrikalari A.S. (Sisecam), the parent company of Turkey“s leading glass group which comprises 23 production, packaging and marketing firms as well as a brokerage house, has announced its unaudited results for January-September 1999. Net profits were at TL 1,281 billion compared with TL 3,229 billion reported a year earlier. Net sales are at TL 3,668.51 billion compared with TL 3,210.99 billion. Sisecam is 69.18% owned by T.Is Bankasi, one of Turkey“s leading commercial banks.

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