Erdemir's net profit reached TRY 8.93 billion in the first half of 2026

Ereğli Demir ve Çelik Fabrikaları (Erdemir) announced its financial results for the first six months of 2026 on the Public Disclosure Platform (KAP). The company's sales revenue increased by approximately 31% year on year to TRY 124.57 billion in the first half of the year.

Erdemir's gross profit reached TRY 10.68 billion in the first half of 2026, while operating profit stood at TRY 5.24 billion. The company's profit before tax was recorded at TRY 222.6 million, while net profit for the period reached TRY 9.22 billion. Net profit attributable to the parent company was announced at TRY 8.93 billion.

The company's total assets increased to TRY 599.10 billion, while total equity reached TRY 328.78 billion. Total liabilities stood at TRY 270.32 billion at the end of the period.

Erdemir's cash and cash equivalents stood at TRY 121.33 billion on the balance sheet date. The company's total current assets amounted to TRY 265.47 billion, while total non current assets were reported at TRY 333.62 billion.

According to the cash flow statement, Erdemir generated TRY 21.29 billion in cash from operating activities in the first half of 2026. During the same period, the company recorded net cash outflows of TRY 5.33 billion from investing activities and TRY 18.90 billion from financing activities.