Turkish manufacturer of steel wire and ropes from Kocaeli Çelik Halat ve Tel Sanayii A.
Ş. announced its financial results for the whole of 2025.
In the year indicated, the company recorded a net loss of 661.52 million Turkish liras ($15 million), compared with a net loss of 167.93 million Turkish liras recorded in the previous year, while its sales revenue decreased by 0.8 percent year-on-year to 2.13 billion Turkish liras ($48.51 million). In addition, Çelik Halat ve Tel Sanayii's operating losses amounted to 171.08 million Turkish liras ($3.88 million), compared with 211.78 million Turkish liras recorded in 2024.
In 2025, the company's total sales of steel ropes amounted to 1.15 billion Turkish liras ($26.07 million), an increase of 12.0%, while sales of galvanized wire decreased by 4% to 219.39 million Turkish liras ($ 4.97 million), and sales of spring wire fell by 10.0% to 396.35 million Turkish liras ($8.99 million), all year-on-year.
Meanwhile, for the full year, Çelik Halat ve Tel Sanayii's domestic sales decreased by 9.5 percent, while its overseas sales increased by nine percent year-on-year.
