Eregli Demir ve Çelik Fabrikalari T.A.S. Reports Unaudited Earnings Results for the Nine Months Ended September 30, 2018
October 24, 2018
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Eregli Demir ve Çelik Fabrikalari T.A.S. reported unaudited earnings results for the nine month ended September 30, 2018. For the period, the company reported sales revenue of TRY 19,421,650,000 compared to TRY 13,304,650,000 a year ago. Operating profit before finance income of TRY 5,888,321,000 compared to TRY 3,305,460,000 a year ago. Profit before tax of TRY 6,958,362,000 compared to TRY 3,265,869,000 a year ago. Profit for the period of TRY 4,090,924,000 compared to TRY 2,655,848,000 a year ago. Shareholder's share in the profit for the period of TRY 3,914,388,000 compared to 2,561,566,000 a year ago. EBITDA TRY 6,269,432,000 compared to TRY 3,732,432,000 a year ago. Earnings per share of TYR 0.1184 compared to TYR 0.7319 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. 
