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28 Oct
16:25

Borusan Mannesmann revenue soars in January-September

Borusan Mannesmann’s prime-quality product sales increased 14% on-year in January-September to 531,000 tonnes, of which 69% was exported, the pipemaker says in a stock exchange filing seen by Kallanish. Borusan’s revenue increased by 61.1% to $934 million in the first nine months. The company reported a net profit of TRY 554.2m versus TRY 221.2m profit last year. The share of high value-added pipe, including special and spiral pipe, in total prime pr…
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