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Turkey's Celik Halat ve Tel Sanayii reports increased net loss for Jan-Sept-锻造展-2025年第二十五届广州国际锻造工业展览会-Forging Exhibition-2025 China(Guangzhou) Int'l Forging Industry Exhibition 11/20/2024 锻造展-forging expo-forging exhibition--forging event |
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Kocaeli-based Turkish steel wire and rope producer Celik Halat ve Tel Sanayi lnc. has announced its financial results for theJanuary-September period of this year.
In the given period. the company registered a net loss ofTRY 150.24 milion ($4 36 milion), compared to a net loss of TRY 67 60milion recorded in the same period of the previous year, while its sales revenues decreased by 32.6 percent year on year to TRY1.11 billion ($32.24 million).
In the January-September period, Celik Halat ve Tel Sanayi''s total steel rope sales value amounted to TRY 543.28 milion ($15.78milion). down by 32.6 percent. while its aalvanized wire sales decreased by 32.6 percent to TRY 119.43 milion ($3.47 milion) andits spring wire sales dropped by 32.6 percent to TRY 231.72 milion ($6.73 milion), all on year-on-year basis
Meanwhile, in the first nine months of the year, Celk Halat ve Tel Sanayi''s domestic sales moved down by 32.6 percent, while itsoverseas sales decreased by 32 6 percent, both on year-on-year basis.
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