Cinkarna Celje Reports Earnings Results for the First Half of 2017
September 13, 2017 at 07:56 am EDT
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Cinkarna Celje reported earnings results for the first half of 2017. For the first half, the company net profit rose 212% on the year to EUR 13.97 million against EUR 16.7 million a year ago. Net sales rose 8% to EUR 93.67 million. Company's sales abroad increased 6% year-on-year to EUR 80.4 million in the first half, while revenue generated on the domestic market grew 16% to EUR 13.2 million. Revenues from the sale of titanium dioxide rose to EUR 73.8 million from EUR 60.5 million and accounted for 79% of total revenue in the first half of 2017.
Cinkarna Celje dd is a Slovenia-based company, engaged in the production and marketing of titanium dioxide pigment. The Companyâs product range includes titanium dioxide and sulfuric acid; titanium and zinc sheets; zinc wire, alloys and anodes; printing plates, links and graphic preparations, as well as powder, rubber and anticorrosion coatings. Additionally, it offers construction and joint sealants; facade plasters; mortars and screeds; decorative plasters; protection, waterproofing and quick bonding agents; cement additives; copper and sulfur fungicides, as well as other chemical products. The Company operates through one wholly owned subsidiary, Cinkarna-Kvarc doo Tuzla, incorporated in Bosnia and Herzegovina.
CINKARNA CELJE, D. D. 
