Bagfas Bandirma Gubre Fabrikalari reported earnings and production results for the first nine months ended September 2014. For the period, the company reported net profit surged to TRY 17.4 million ($7.9 million/€6.3 million) from TRY 376,000 a year ago. Operating profit came in at TRY 13.76 million in the nine months through September from a loss of TRY 5.68 million for the same period of 2013, while revenue rose 6.4% to TRY 281 million.

For the period, the company reported sales volume declined 3.8% year-on-year to 317,435 tonnes, sulphuric acid sales dropped 27% to 9,300 tonnes, phosphoric acid sales decreased 70% to 4,989 tonnes and electricity sales were down 20% to 1.7 million kilowatt-hours.