Turkey’s Ekinciler Demir ve Çelik Sanayi A.Ş., a steelmaker based in Iskenderun, reported its results for January–September 2026. Net profit rose 22.4% year on year to TRY 492.65 million (about $9.8 million), while revenue increased 28.1% to TRY 19.24 billion ($383.3 million).
Operating profit fell 42.1% to TRY 282.31 million ($5.6 million). Financial income amounted to TRY 460.55 million ($9.2 million), while financial expenses were TRY 380.43 million ($7.6 million).
Revenue from rebar sales rose 8.8% to TRY 12.76 billion ($254.2 million), while billet sales revenue climbed 101.7% to TRY 6.2 billion ($123.5 million). Domestic sales revenue increased 13.6% to TRY 16.5 billion ($328.7 million), and export revenue surged 509.9% to TRY 2.68 billion ($53.4 million).
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