Nuh Cimento Increases 2004 net profits

Nuh Cimento Increases 2004 net profits
Published: 04 April 2005

Turkish cement and clinker producer Nuh Cimento posted a net profit of 34.406 mln new Turkish lira ($25.6m) for 2004, up from 23.522 mln lira ($17.5m) for the previous year, according to the company’s inflation-adjusted consolidated results.  Nuh Cimento and its eight subsidiaries and three affiliated companies operate in the cement, lime, ready-mix concrete, aerated concrete, machinery and spare parts, electricity production, transport, real estate, portfolio management and trade sectors.