Eregli Demir Ve Çelik Fabrikalari T.A.S. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 09, 2019 at 06:22 am EDT
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Eregli Demir ve Çelik Fabrikalari T.A.S. Announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TRY 7,450.677 million compared to TRY 6,210.559 million a year ago. Operating income was TRY 1,453.684 million compared to TRY 1,937.365 million a year ago. Net income was TRY 1,307.972 million compared to TRY 1,513.256 million a year ago. For the half year, sales was TRY 14,594.816 million compared to TRY 11,629.361 million a year ago. Operating income was TRY 2,919.039 million compared to TRY 3,465.283 million a year ago. Net income was TRY 2,304.622 million compared to TRY 2,576.503 million 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.
EREGLI DEMIR VE ÇELIK FABRIKALARI T.A.S. 
