Şişecam Increased Its Net Sales to TRY 58 Billion in the First Half of 2023
Şişecam has announced its financial results for the first half-year of 2023. The company’s consolidated net sales totalled TRY 58 billion (US$2.9 billion) in the period. International sales – comprising the total of exports made from Türkiye and sales from out of Türkiye production – accounted for 64% of its consolidated sales. Total investment in the first half of the year amounted to TRY 7.1 Billion (US$357 million). In the first half of the year Şişecam produced 2.5 million tons of glass, 2.3 million tons of soda ash, and 1.8 million tons of industrial raw materials.
Şişecam’s CEO Görkem Elverici made the following statement on the first half-year of 2023: "While the business world continues to struggle with ongoing economic and geopolitical risks on a global scale, Sisecam is forging ahead on its growth journey. We are driven by our ability to adapt swiftly to an ever-evolving market environment along with our transformation efforts and data-driven decision-making approach. Sisecam differentiates from the competition with its use of smart technology and its highly skilled human resources. We are continuously developing by capitalizing on the unique experience we have acquired as a well-established global industrial enterprise of 88 years. We move forward on our development journey with promising investments that support our goal of ranking among the world's top manufacturers in our core business areas.”
