9,367.77 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.56 USD USD USD
36.19 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.35 TRY Interest Interest
74.24 USD Fossil Oil Fossil Oil
30.90 USD Silver Silver
4.09 USD Copper Copper
100.80 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,982.57 TRY Gold (gr) Gold (gr)

Oyak Çimento announces its first quarter financial results

OYAK Cimento Fabrikaları A.Ş. announced its financial results for the first quarter of 2024.

Oyak Çimento announces its first quarter financial results

Following the announcement of the balance sheet results for the first quarter of 2024 (01.01.2024 - 31.03.2024), Oyak Çimento Fabrikaları A.Ş. announced its financial results.

Based on the balance sheet announced by Oyak Cimento (OYAKC), the company realized a net profit of 807,025,603 TL in the first quarter of the year. Net profit of the company, which was realized as 415,153,484 TL in the same period of the previous year, increased by 94 percent.

Sales revenues of Oyak Çimento also showed a remarkable increase in the mentioned period. Sales revenues, which were 7,775,414,217 TL in the first quarter of 2023, increased by 5 percent compared to the same period of 2024 and reached 8,164,185,927 TL.

While the cement plant's revenue increased by 5% compared to the same period of the previous year, operating profit decreased by 6%.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korea's crude steel production decreased by 18.3% in October

Friday, November 22, 2024

SSAB and Saint-Gobain's slag reprocessing plant in Raahe progresses

Friday, November 22, 2024

US Steel Producer partners with Primetals Technologies for EAF Ultimate

Friday, November 22, 2024

Imported scrap prices on the decline, demand stagnant!

Friday, November 22, 2024

Roadmap for India’s steel sector: Demand, imports and future plans

Friday, November 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now