9,910.61 TRY BIST 100 BIST 100
35.40 USD USD USD
36.45 EUR EUR EUR
4.85 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.88 TRY Interest Interest
79.76 USD Fossil Oil Fossil Oil
30.41 USD Silver Silver
4.30 USD Copper Copper
96.59 USD Iron Ore Iron Ore
350.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,689.76 TRY Gold (gr) Gold (gr)

Mega Metal released its Q2 financial report

Mega Metal announced its second quarter financial results for 2024.

Mega Metal released its Q2 financial report

Mega Metal, which recently announced a 50% increase in production capacity, has released its second-quarter financial results for 2024.

According to the financial report shared on the Public Disclosure Platform (PDP) by Mega Metal Sanayi ve Ticaret A.Ş., the company generated a total profit of TL 351,861,091 during the period from January 1st to June 30th, 2024.

The results show that the company increased its net profit by 456% compared to the same period in 2023, when it reported a profit of TL 63,277,215 in the first half of the year. In the second quarter of 2024, the company's net profit reached TL 213,454,129, while its equity increased by 8% during the quarter.

Mega Metal also saw a significant increase in sales revenue. In the first half of 2023, the company generated TL 5,234,736,110 in sales revenue. This year, sales revenue increased to TL 9,045,687,623 in the same period. The company's operating profit also saw significant growth, increasing from TL 247,141,933 in the first half of 2023 to TL 470,565,143 in the first half of 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

Most read news

The demand for steel in India is increasing

Sunday, January 12, 2025

Ukraine's iron ore exports have risen by 90%

Sunday, January 12, 2025

Indonesia extends AD tax on 7 countries

Thursday, January 9, 2025

Germany's carbon revenues record: 18.5 billion euros

Wednesday, January 8, 2025

Fortescue establishes green iron partnership with China Baowu Steel

Thursday, January 9, 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