03
May
07:52
Turkey’s Yukselen Celik reports first-quarter sales, profit drops
Yukselen Çelik, a leading Turkish specialty steel producer, saw first-quarter revenue decrease 12.7% on-year to TRY 328 million ($16.8 million). Net profit more than halved to TRY 20.6m.
Ebitda margin fell to 9.9% from 21.5% last year, Kallanish notes.
The company’s sales decreased to 11,658 tonnes from 18,023t in January-March 2022.
Yükselen Çelik, which operates in the fields of value-added and boutique products, supplies nearly …
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Anonymous
Very good overview of the weekly steel market.
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