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Çelik Halat closed 2025 with a loss of TL 661 million

Çelik Halat ve Tel Sanayiii A.Ş. announced its consolidated financial statements for the period ending December 31, 2025.

Çelik Halat closed 2025 with a loss of TL 661 million

The independent audit report issued by Rational Independent Audit and Certified Public Accountant Inc. presented an unqualified (positive) opinion. The financial statements were prepared in accordance with Turkish Financial Reporting Standards (TFRS) and hyperinflation accounting (IAS 29), reflecting the purchasing power of the Turkish Lira as of December 31, 2025.

The company reported a net loss of TL 661.5 million in 2025, compared to a net loss of TL 167.9 million in 2024. Total assets declined to TL 5.57 billion, while total equity increased to TL 4.27 billion. Basic loss per share was TL 2.21, while the diluted loss per share amounted to TL 4.10.

According to the decision dated September 12, 2025, Çelik Halat’s issued capital was increased from TL 101 million to TL 300 million, and the registered capital ceiling was set at TL 3 billion. The net book value of tangible fixed assets stood at TRY 4.31 billion, while revaluation gains/losses amounted to TL 2.29 billion.

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