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KARDEMİR reports net profit of 1.316 billion lira in Q2

Kardemir Karabük Iron and Steel Industry and Trade (KRDMD) has announced its financial results for the second quarter of 2025.

KARDEMİR reports net profit of 1.316 billion lira in Q2

In a statement to the Public Disclosure Platform (KAP), the company shared its consolidated financial results for the January–June period.

Karabük Iron and Steel Works (KARDEMİR) recorded a net profit of 1,316,175,998 Turkish lira in the second quarter of 2025.

The company reduced its loss from 2.47 billion lira in the first half of 2024 to 254,216,639 lira in the same period of 2025.

With the 1.3 billion lira net profit achieved in the second quarter, KARDEMİR showed a strong recovery compared to last year. This positive result is attributed to steady steel production and effective cost management strategies.

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