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Thursday, March 28, 2024

Cinkarna Celje reports 60% higher half-year net profit

By: P.T., STA

Cinkarna Celje, the Celje-based chemical company, saw its half-year sales revenue rise by 12% year-on-year to EUR 99.39 million on the back of good demand, boosting net profit by 60% to EUR 15.8 million.

The company’s CEO Aleš Skok said the demand was favourable across the geographical regions. The increase was mainly due to growth in construction and the competitiveness of Asian suppliers in Europe being affected by strong demand at home and by high transport costs.

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