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6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

İsdemir’s net profit rises 203% in H1 2026

İskenderun Demir ve Çelik A.Ş. (İsdemir) increased its revenue by 21.9% year on year to TRY 67.86 billion in the first half of 2026, while net profit rose 203.5% to TRY 9.23 billion.

İsdemir’s net profit rises 203% in H1 2026

According to İsdemir’s financial results for the January 1-June 30, 2026 period, the company’s revenue reached TRY 67.86 billion, up from TRY 55.65 billion in the same period last year, representing a 21.9% year-on-year increase.

Gross profit increased to TRY 5.92 billion in the first half of the year from TRY 4.60 billion a year earlier. Operating profit also rose to TRY 3.83 billion from TRY 3.25 billion.

İsdemir posted a pre-tax profit of TRY 4.27 billion. Net profit increased from TRY 3.04 billion in the first half of 2025 to TRY 9.23 billion in the same period of 2026, representing a 203.5% year-on-year increase.

On the balance sheet, İsdemir’s total assets rose from TRY 237.24 billion at the end of 2025 to TRY 246.58 billion as of June 30, 2026. Total equity increased from TRY 147.58 billion to TRY 156.06 billion over the same period.

At the end of the period, cash and cash equivalents stood at TRY 41.68 billion, while total liabilities amounted to TRY 90.52 billion.

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