9,774.49 TRY BIST 100 BIST 100
4.84 CNY CNY CNY
34.09 USD USD USD
37.94 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.50 TRY Interest Interest
73.86 USD Fossil Oil Fossil Oil
30.80 USD Silver Silver
30.80 USD Copper Copper
90.64 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,814.59 TRY Gold (gr) Gold (gr)

Koç Metalurji's profit increased

Koç Metalurji A.Ş. announced its financial report for the second quarter of 2024 on the Public Disclosure Platform (PDP) on September 18, 2024.

Koç Metalurji's profit increased

The company, which made a net profit of 40 million TL (40,977,755 TRY) in the first 6 months of 2023, made a total net profit of 131 million TL (131,341,632 TRY) between January 1 - June 30, 2024. Thus, an increase of 220% was achieved. In addition, the company's net profit in the second quarter period alone was recorded as 58 million TL (58,256,811 TL).

However, Koç Metalurji's revenue for the second quarter of 2024 decreased by 26% compared to the same period of the previous year. The company's operating profit lost 52%.

In the second quarter of 2023, Koç Metalurji's sales decreased to TRY7 trillion (TRY7,254,622,681) and this year to TRY5 trillion (TRY5,340,245,786). Operating profit also decreased from 599 million TL (599,234,708 TL) last year to 286 million TL (286,643,713 TL) in 2024.

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
SteelRadar Insight - Sayı 1 (Haziran 2024)

Most read news

SteelRadar and Meraj Tejarat Atiyeh Steel came together at Ankiros Fair

Thursday, September 19, 2024

Germany's steel industry mobilizes for green transformation

Thursday, September 19, 2024

China ranks 1st in wire rod exports to Türkiye in January-July!

Thursday, September 19, 2024

Fuat Tosyalı Steel industry gained positive momentum in 2024

Thursday, September 19, 2024

Tokyo Steel announces price cut for October sales

Thursday, September 19, 2024
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