01
Nov
07:49
Turkey’s Yukselen Celik more than doubles nine-month profit
Yukselen Çelik, a leading Turkish specialty steel producer, more than doubled January-September revenue to TRY 1.08 billion ($58 million). Net profit rose 132% to TRY 122.6m.
Ebitda margin, however, fell to 18.8% from 21.2% last year, Kallanish notes.
The company, which increased its nine-month exports more than 16-fold, recorded a significant increase in foreign exchange income. The share of exports in total sales reached 6.3%.
Yükselen &Ccedi…
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Anonymous
Very good overview of the weekly steel market.
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