Turkish cement producer Oyak Cimento Grubu's turnover in the first nine months of 2014 increased by 18% to TRY 1.10 billion (€396.77 million/US$500.31 million) while its net profit was up by 84% to TRY 335.6 million. The group is expecting the sector to have a growth of 5% in 2015. This growth is due to infrastructure and urban renewal projects and the company is expecting the sector to grow by 6% in 2014.
Turkish cement producer Oyak Cimento Grubu’s turnover in the first nine months of 2014 increased by 18% to TRY 1.10 billion (€396.77 million/US$500.31 million) while its net profit was up by 84% to TRY 335.6 million.
The group is expecting the sector to have a growth of 5% in 2015. This growth is due to infrastructure and urban renewal projects and the company is expecting the sector to grow by 6% in 2014.
