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Sunday, February 5, 2023

Cinkarna Celje records 3% drop in nine-month revenue, net profit down 27%

By: Z.O., STA

Chemicals company Cinkarna Celje generated EUR 130.4 million in sales revenue in the first nine months of this year, a 3% decrease year-on-year. Net profit fell by 27% to EUR 13.8 million.

Sales of titanium dioxide pigment, Cinkarna Celje’s flagship product, were up by 4.8% compared to the same period last year, but average selling prices were 4.6% below those in the comparable period in 2019, the company said.

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