Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Arcelik's Q3 Net Profit Falls
Nov 12, 2008
 Printable format
 Email this Article
 Search

Turkish white goods maker Arcelik posted a large fall in third-quarter consolidated net profit to 240,000 Turkish lira (approx. US$149,400), due to the impact of the global financial crisis. Profit in the first nine months of 2008 amounted to 135 million lira ($84 million), down from the 173 million lira ($107 million) seen in the same period last year.

"These uncertainties experienced in the market are having a negative impact on the durable goods sector as they are on many other sectors," the company said in a statement. "The aim is for the negative developments in West European markets to be balanced out by other markets," it said.
It said rising raw materials prices had a negative impact on the profitability of its foreign activities.

Back to Daily News

 

Daily News

...........................................................

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

Oct 22, 2014: ACCA wants the HVAC manufacturers to develop open, universal communication protocols

Oct 22, 2014: IHA launches website to connect OEMs with consumers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows