Goltas Cimento increases net profits

Goltas Cimento increases net profits
Published: 12 April 2005

Turkish cement, clinker and ready mix concrete producer Goltas Cimento posted a net profit of 19.194 mln new Turkish lira ($14.3m) for 2004, up from 11.038 mln lira ($8.2m) for the previous year, according to the company’s inflation-adjusted consolidated results.  Goltas Cimento is based in Isparta, western Turkey. The company holds 99.67 per cent of ready mix concrete producer Goltas Hazir Beton and 59.83 per cent of electricity producer Goltas Enerji Elektrik.