11,000.26 TRY BIST 100 BIST 100
48.53 EUR EUR EUR
41.33 USD USD USD
5.84 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
39.90 TRY Interest Interest
67.51 USD Fossil Oil Fossil Oil
56.61 USD Silver Silver
4.68 USD Copper Copper
105.81 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,889.56 TRY Gold (gr) Gold (gr)

Çuhadaroğlu Metal announced its fourth quarter balance sheet for 2024

Çuhadaroğlu Metal Sanayi ve Pazarlama A.Ş. shared its financial results for the fourth quarter of 2024.

Çuhadaroğlu Metal announced its fourth quarter balance sheet for 2024

Accordingly, the company realized sales of TRY 2 billion 772 million in the last quarter of 2024, with an increase of 7% compared to the same period of the previous year. This figure was TRY 2 billion 589 million in the fourth quarter of 2023.

In the same period of 2023, gross profit increased by 55% from TRY 353 million to TRY 548 million.

Operating profit, which was announced as TRY 166 million in the same period of last year, was reported as a loss of TRY 48 million in the last quarter of 2024.

Net monetary position losses amounted to TRY 65 million, while net loss for the period was TRY 191 million. This figure marked a significant decrease compared to the loss of TRY 344 million in the same period of the previous year.

Financial liabilities decreased by 16% q/q to TRY 1 billion 616 million, while net debt was realized as TRY1 billion 133 million.

Shareholders' equity was recorded as TRY 957 million.

EBITDA drew attention

The company's earnings before interest, tax, depreciation and amortization (EBITDA) increased by 292% from TRY 56 million in the last quarter of 2023 to TRY 222 million in the same period of 2024.

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

New Appointment at Thyssenkrupp Materials Services

Monday, September 15, 2025

ASSOFERMET: New EU measures threaten European industry

Monday, September 15, 2025

Statement from Kardemir regarding baseless allegations

Monday, September 15, 2025

Cogne, located in Aosta, has entered a new period in steel production with a green hydrogen facility.

Monday, September 15, 2025

Vallourec signed USD 1 billion OCTG contract with Petrobras

Monday, September 15, 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