9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)
9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)
9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)

Erbosan Boru announced its financial results for 2024

Erbosan Erciyas Boru Sanayii ve Ticaret A.Ş. shared its financial report for the fourth quarter of 2024.

Erbosan Boru announced its financial results for 2024

According to the report published by the company on the Public Disclosure Platform (KAP), a loss of TRY 220.6 million was recorded throughout the year.

On a yearly basis, the company, which announced a net loss of TRY 78.7 million (TRY 78,749,164) in the fourth quarter, realized a net loss of TRY 220.6 million (TRY 220,671,307) for the period 01.01.2024 - 31.12.2024. Last year, a loss of TRY 214.8 million (TRY 214,814,109) was announced.

Sales revenues decreased by 18% to TRY 4.50 billion in 2024 from TRY 5.48 billion in 2023, while operating profit fell by 48% to TRY 583.9 million.

EBITDA decreased significantly to TRY 314 million.

Total assets decreased to TRY 4.15 billion at the end of 2024 from TRY 4.62 billion a year ago and total liabilities decreased to TRY 1.53 billion from TRY 1.72 billion.

In the quarter, shareholders' equity decreased by 3% to TRY 2.61 billion.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Tax on scrap exports from Ukraine to Türkiye to remain in place

Thursday, April 3, 2025

OQGN partners with Hidrom to develop Oman's green hydrogen economy

Thursday, April 3, 2025

Steel billionaire Lakshmi Mittal announces relocation to the United Arab Emirates

Thursday, April 3, 2025

MKE to invest TRY 2 billion in defense industry

Thursday, April 3, 2025

Kardemir is 88 years old: A milestone in Türkiye's industrialization journey

Thursday, April 3, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now