Press Room

Akçansa’s export performance was reflected in the third quarter results

10.10.2020

Akçansa’s third-quarter sales revenue resulted as TRY 1.3 billion

Akçansa, a joint venture of Sabancı Holding and HeidelbergCement, announced the financial results for the third quarter of 2020. The company's sales revenue for the January-September period is TRY 1.3 billion.

Akçansa, a joint venture of Sabancı Holding and HeidelbergCement, announced the financial results for the third quarter of 2020. The company's sales revenue for the January-September period is TRY 1.3 billion.

The company's sales revenue for the first nine months of the year has been realized as TRY 1.3 million according to the consolidated income statement issued as of September 30, 2020, as well as the financial results of the period as announced by Akçansa, the leader construction materials company of Turkey. According to the last quarter data, the company's profit for the period is TRY 65.1 million.

In his assessment regarding the financial results, Akçansa General Manager M. Zeki Kanadıkırık said, “At Akçansa, we maintained our export strength and performance during this period with our logistical advantage and port management. We increased our operating profit to TRY 78.6 million in the third quarter of the year.” Kanadıkırık underlined that Akçansa designed innovative products with low environmental impact thanks to its R&D efforts and the power of technology and exports to four continents.

Stating that the use of alternative fuel is among the sustainability priorities of Akçansa, M. Zeki Kanadıkırık said, “We are implementing environmental and economic solutions such as alternative fuel and raw material use, and we continue to serve our country by creating added value for the economy.”