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Net profit of Izmir Demir Çelik is TL 1.2 billion in 2022

İzmir Demir Çelik made a net profit of TL 1.2 billion in 2022.

Net profit of Izmir Demir Çelik is TL 1.2 billion in 2022
İzmir Demir Çelik, which announced a loss of TL 782.5 million in 2021, completed 2022 with a net profit of TL 1.2 billion.
Returns of the factory increased by 127.7% from TL 10.82 billion to TL 24.65 billion.
IDC produced 1.38 million tons of logs and 898,889 tons of rebar in 2022
IDC produced 1.38 million tons of billets, down by 8% to 898,889 tons of rebar, down by 9%, and 278,796 tons of profile, down by 7%.
The plant operated with a capacity utilisation rate of 98% in the steel rolling mill, 100% in the bar rolling mill and 56% in the profile rolling mill.
In 2022, İzmir Demir Çelik sold 14,015 tons of semi-finished products (billets) with a decrease of 65% and 1.52 million tons of finished products (rebar, profile, etc.) with a decrease of 4.7%.

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