Cinkarna Celje Reports Earnings Results for the Full Year of 2016
March 15, 2017 at 10:03 am EDT
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Cinkarna Celje reported earnings results for the full year of 2016. For the year, net profit jumped 43% on the year to EUR 9.8 million in 2016. Net sales revenue remained flat compared to 2015 at EUR 169.8 million, as sales abroad edged up 1% to EUR 148.3 million. Operating profit grew 31% on the year to EUR 10.6 million.
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.