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Çemtaş Çelik announced its first quarter balance sheet

Çemtaş Çelik Makina Sanayi ve Ticaret A.Ş. shared its balance sheet for the first quarter of 2025.

Çemtaş Çelik announced its first quarter balance sheet

According to the financial figures reported by the company to the Public Disclosure Platform (KAP), Çemtaş Çelik made a total loss of TRY 154.9 million (154,913,604) in the first quarter of 2025. In the first quarter of 2024, a profit of TRY 90.2 million (90,290,973) was announced.

Çemtaş Çelik, which generated TRY 2 billion (2,052,402,081) in sales in the first quarter of last year, generated TRY 1.2 billion (1,267,238,925) in sales revenues this year. Thus, revenues decreased by 38% compared to the same period of the previous year.

Operating profit decreased by 81% to TRY 80.5 million (80,565,964) from TRY 419.4 million (419,422,515) in the same period last year.

The company's equity decreased by 4% in the quarter.

EBITDA came in at TRY 129.5 million (TRY 129,547,000) in 2025, compared to TRY 385.6 million (TRY 385,600,000) last year.

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