Arçelik A.Ş. achieved a consolidated turnover of YTL 3.3 billion in the first half of this year and turnover from foreign markets was € 871 million. The consolidated net profit of the company after tax in the financial ledgers of the first six months, on the other hand, increased by 25.5% to YTL 135 million as compared to the same period last year.
Continuing its market leadership in Turkey despite shrinking markets as compared to the same period last year due to economic and political developments, Arçelik A.Ş. continued its successful sale performance in the highly profitable developing markets, especially in East Germany, Russia, the Commonwealth of Independent States (CIS), the Middle East and North Africa, in the first half of 2008. The company increased its consolidated turnover from these regions by 35% as compared to the first half of last year in 2008.
Being the only Turkish company included in the top 500 in the "Patent League" list announced by the World Intellectual Property Organization (WIPO), Arçelik A.Ş. also continued to dominate the sector technologically in the first half of 2008 with innovative products such as "Divide and Cool: Dividable Cooling Technology" and the " No Fingerprints Inox Series", which mark firsts in the world.
Arçelik A.Ş. showed successful performance in consumer electronics as well as in white goods. In the first half of 2008, LCD TV sales abroad increased by 97% as compared to the same period of last year. Consequently, considerable gains were made in the gross profitability of consumer electronics. The innovative products offered by the company in consumer electronics include LCD TV's consuming zero energy on standby mode and the LCD TV's awarded prizes at "iF Design 2008", one of the leading design competitions of the world, with their design and technological superiorities.
Arçelik A.Ş. maintains its position as the world's most profitable company in its sector compared to its global rivals.