Turkish Unye Cimento net loss

Turkish Unye Cimento net loss
17 March 2004


Turkish cement and clinker producer and distributor Unye Cimento reported a net loss of 24.7 trln Turkish lira (US$18.8m) for 2003 versus a net loss of 38.2 trln lira (US$29m) for 2002.  Unye Cimento net sales totalled US$54.6m, up from US$46.6m, and exports stood at US$7.9m up from US$2.9m. The company, located in Unye, northern Turkey, targets to sell 1.025Mt of cement on the domestic market and export 75,000t of cement and 400,000t of clinker in 2004. Published under Cement News