14,311.19 TRY BIST 100 BIST 100
45.05 USD USD USD
6.63 CNY CNY CNY
52.67 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
700.00 TRY Interest Interest
123.44 USD Fossil Oil Fossil Oil
5.94 USD Copper Copper
104.98 USD Silver Silver
107.86 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,633.14 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Erbosan Boru announced its financial results for 2024

Erbosan Erciyas Boru Sanayii ve Ticaret A.Ş. shared its financial report for the fourth quarter of 2024.

Erbosan Boru announced its financial results for 2024

According to the report published by the company on the Public Disclosure Platform (KAP), a loss of TRY 220.6 million was recorded throughout the year.

On a yearly basis, the company, which announced a net loss of TRY 78.7 million (TRY 78,749,164) in the fourth quarter, realized a net loss of TRY 220.6 million (TRY 220,671,307) for the period 01.01.2024 - 31.12.2024. Last year, a loss of TRY 214.8 million (TRY 214,814,109) was announced.

Sales revenues decreased by 18% to TRY 4.50 billion in 2024 from TRY 5.48 billion in 2023, while operating profit fell by 48% to TRY 583.9 million.

EBITDA decreased significantly to TRY 314 million.

Total assets decreased to TRY 4.15 billion at the end of 2024 from TRY 4.62 billion a year ago and total liabilities decreased to TRY 1.53 billion from TRY 1.72 billion.

In the quarter, shareholders' equity decreased by 3% to TRY 2.61 billion.

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

ArcelorMittal reports first-quarter 2026 financial results

Thursday, April 30, 2026

U.S. launches Section 232 tariff reduction process for steel and aluminum from Mexico and Canada

Thursday, April 30, 2026

U.S. Steel announces $1.9 billion investment in new DRI facility

Thursday, April 30, 2026

China expands zero-tariff policy for African countries

Thursday, April 30, 2026

Steel Net Forum Iberia brought the steel industry together in Santander

Thursday, April 30, 2026
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