Çimsa, a subsidiary of Sabancı Holding, announced its 6-month net sales as 972 million TL and its net profit as 38 million TL.
Continuing to lead the cement and building materials industry with its goal of profitable and sustainable growth, Çimsa realized net sales of 972 million TL in the first half of the year, while its net profit reached 38 million TL. Cimsa, continued to contribute to Turkey’s economy with export turnover of $ 540 million realized in the first half of 2020 despite the impact of Covid-19 pandemic around the whole globe.
Stating that Çimsa displayed a successful performance in the first half of the year thanks to closely monitoring the risks and opportunities in the markets and its strong planning management, Çimsa CEO Ülkü Özcan continued as follows: “As Çimsa, we increased our net sales by 20% to 972 million TL and at the same time increased our profit by 63% from 23 million TL to 38 million TL when compared to the same period of the previous year. Our cement exports increased by 25% compared to the same period last year. These results showed us that our company has achieved a financial and operational success that coincides with all its goals ”.
Özcan added that they continued their production activities in all factories by taking all precautions during the COVID-19 epidemic, and that they continued to meet the product and service needs of all customers completely and on time with their market-oriented approach and wide distribution network.