Business
EREGL: Net profit fell sharply despite higher revenue, as margins contracted and investments continued
EREGL: Net profit fell sharply despite higher revenue, as margins contracted and investments continued
About this update from Eregli Demir Ve Celik Fabrikalari T.a.s.
Revenue grew 2.4% to TRY 208.9 billion, but net profit plunged to TRY 694 million amid margin compression. Crude steel output was 8.1 million tonnes, with major investments ongoing in modernization and capacity. EBITDA margin declined to 9.4%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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