Eregli Demir Ve Celik Fabrikalari T.A.S. Reports Earnings Results for the Full Year Ended December 31, 2018
February 07, 2019 at 04:53 pm EST
Share
Eregli Demir ve Celik Fabrikalari T.A.S. Announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TRY 27,015.254 million compared to TRY 18,736.447 million a year ago. Operating income was TRY 7,814.311 million compared to TRY 4,902.072 million a year ago. Net income was TRY 5,597.990 million compared to TRY 3,753.755 million a year ago. Basic Earnings Per Share from Continuing Operations was TRY 1.59942571 compared to TRY 1.07250142 a year ago.
Eregli Demir ve Celik Fabrikalari TAS is a Turkey-based company, which is engaged in the production of iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke and their by-products. The Company produces plates, hot and cold rolled, tin, chromium and zinc coated flat steel and supplies basic inputs to automotive, white goods, pipes and tubes, rolling, manufacturing, electrics-electronics, mechanical engineering, energy, heating equipment, shipbuilding, defense, and packaging industries. The Companyâs subsidiaries include: Erdemir Asia Pacific Pte Ltd, Erdemir Celik Servis Merkezi Sanayi ve Ticaret AS, Erdemir Madencilik Sanayi ve Ticaret AS, Erdemir Muhendislik Yonetim ve Danismanlik Hizmetleri AS, Erdemir-Romania SRL and Iskenderun Demir ve Celik AS.