9,339.59 TRY BIST 100 BIST 100
39.37 USD USD USD
5.51 CNY CNY CNY
45.51 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
43.35 TRY Interest Interest
75.93 USD Fossil Oil Fossil Oil
46.12 USD Silver Silver
4.81 USD Copper Copper
92.95 USD Iron Ore Iron Ore
328.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,302.27 TRY Gold (gr) Gold (gr)

Çemtaş Çelik announced its third quarter balance sheets

Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş. published its financial results for the third quarter of 2024.

Çemtaş Çelik announced its third quarter balance sheets

According to the notification made by Çemtaş Çelik to the Public Disclosure Platform (KAP), the company announced a loss of 57 million TL (57,274,639 TL) in the first 9 months of 2023. A total loss of 18 million TL (18,899,152 TL) was determined for the period between 01.01.2024 - 30.09.2024.

The company reported a net loss of TRY44 million (TRY44,912,460) for the quarter. 

Çemtaş generated TL 5 trillion (TL 5,179,823,007) in sales revenues in the first nine months of last year, compared to TL 4 trillion (TL 4,348,221,779) this year. While operating profit was 944 million TL (944,088,759 TL) in the same period last year, this figure dropped to 618 million TL (618,444,154 TL) in 2024. Thus, operating profit decreased by 34%.

Moreover, the company's revenues declined by 16%  and shareholders' equity declined by and 1% year-on-year.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Japanese Prime Minister Ishiba: no agreement on tariffs reached with the US

Wednesday, June 18, 2025

Security level raised to highest for Turkish-flagged ships in the Strait of Hormuz

Wednesday, June 18, 2025

Private sector's foreign debt increased to USD 185.9 billion in Türkiye

Wednesday, June 18, 2025

Brazil launches AD investigation into wire rod imports from China and Russia

Wednesday, June 18, 2025

Jiuli orders three new cold pilger rolling mills from SMS group

Wednesday, June 18, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now