Alves Cable Signs Three Contracts Worth a Total of 829.6 Million TL
Alves Kablo signed three contracts totaling 829.6 million TL. According to the announcements made by the company, a Sales Agreement for Copper Conductors and Infrastructure Cables worth 505,825,300 TL + VAT was signed with a company that is based in Ankara and specializes in energy transmission lines. Additionally, a "Halogen Free" copper conductor cable sales agreement worth 106,350,080 TL + VAT was signed with electrical contracting companies involved in Toki and Emlak Konut projects (IS:EKGYO), and contracts for the sale of Copper and Aluminum Energy Cables worth 197,416,308 TL + VAT were signed with "Gold Dealers." Following these new business relationship announcements, Alves Kablo shares reached a peak level of 38.80 TL, approaching the ceiling price.