Turkey’s Oyak Cimento sees net profit rise 115% in H1 2014

Turkish cement producer Oyak Cimento Grubu increased its turnover by 24% in the first half of 2014 up to TRY 745 million (€259.98 million/US$348.49 million). EBITDA soared by 57% up to TRY 255 million while net profit jumped by 115% up to TRY 220 million.
August 13, 2014 Read time: 1 min

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Turkish cement producer 5081 Oyak Cimento Grubu increased its turnover by 24% in the first half of 2014 up to TRY 745 million (€259.98 million/US$348.49 million).

EBITDA soared by 57% up to TRY 255 million while net profit jumped by 115% up to TRY 220 million.

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