Ege Seramik Sanayi ve Ticaret A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 27, 2023 at 08:50 pm IST
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Ege Seramik Sanayi ve Ticaret A.S. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TRY 542.5 million compared to TRY 581.72 million a year ago. Net income was TRY 88.65 million compared to TRY 60.64 million a year ago.
For the nine months, sales was TRY 1,659.16 million compared to TRY 1,697.46 million a year ago. Net income was TRY 165.31 million compared to TRY 340.02 million a year ago.
Ege Seramik Sanayi ve Ticaret AS (Ege Seramik) is a Turkey-based company engaged in the production, sale and distribution of ceramic and porcelain floor and wall tiles for indoors and outdoors. Its offering comprises such product lines, as Alabastrino, Altavilla, Black and white, Carrara, Diamond, Diva, Elegant and Energy, among others. The Company's production facilities are located in Izmir Kemalpasa Organized Industrial Zone, and comprise an area of 500,000 square meters. As of December 31, 2011, the Companyâs largest shareholder was Ibrahim Polat Holding AS, which held 60.92% of its shares.