Turkish glassmaker Turkiye Sise ve Cam Fabrikalari A.S. (Sisecam) has announced its results for the first six months of 1996. Net profit rose to TL 1,640.55 billion, an increase of 153% on the year-ag…
Turkish glassmaker Turkiye Sise ve Cam Fabrikalari A.S. (Sisecam) has announced its results for the first six months of 1996. Net profit rose to TL 1,640.55 billion, an increase of 153% on the year-ago figure of TL 649.30 billion, although the net share profit increased only slightly to TL 292.95 from TL 282.31. Net sales increased to TL 486.28 billion from TL 237.87 billion, up 204% on last year. However, the figures above do not take into account Turkey“s 82.9% year-on-year consumer inflation for June.