Yükselen Çelik A.Ş. announced a total loss of 162 million TL (162,045,205 TL) for the period 01.01.2024 - 30.06.2024. In the first 6 months of 2023, the company announced a loss of 46 million TL (46,074,394 TL).
In the quarterly period, a net loss of TRY 97 million (TRY 97,311,276) was announced.
Applying inflation adjustment to its financial statements, the company retrospectively adjusted its net profit, which was announced as 5.61 million TL in the first 6 months of 2023, as a net loss of 46.1 million TL.
The company's revenue decreased by 14% compared to the same period of the previous year, while its equity decreased by 13% in the quarter.
In the first six months of last year, the company generated sales revenues of TRY739 million (TRY739,032,137), compared to TRY858 million (TRY858,786,945) in the same period last year. Operating profit, which was 46 million TL (46,958,392 TL) in the same period last year, decreased to -81 million TL (-81,042,211 TL) in 2024.
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