Cinkarna Celje reports 60% higher half-year net profit

Celje – Cinkarna Celje, the Celje-based chemical company, saw its half-year sales revenue rise by 12% year-on-year to EUR 99.39 million on the back of good demand, boosting net profit by 60% to EUR 15.8 million. Releasing the semi-annual results in a regulatory filing with the Ljubljana Stock Exchange, the company said the demand was favourable across the geographical regions owing to a general uplift in buyers’ confidence. Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to EUR 26.6 million in the first six months of the year, equalling…

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