İsdemir posts TL 12.46 billion profit
İskenderun Iron and Steel (ISDMR) increased its net profit by 169% year over year to TL 12.463 billion in the first nine months of 2026.
According to the company's financial results disclosed to Türkiye's Public Disclosure Platform (KAP), net profit rose approximately 2.7 times from TL 4.63 billion in the same period of 2025. İsdemir reported a net profit of TL 3.23 billion for the July–September quarter.
The company's nine-month revenue increased by approximately 20% to TL 106.67 billion, while operating profit rose 43% to TL 7.14 billion. Earnings before interest, taxes, depreciation, and amortization (EBITDA) climbed from TL 8.30 billion to TL 11.71 billion. Total assets stood at TL 256.30 billion, while shareholders' equity reached TL 167.20 billion. İsdemir's financial results indicate that the company significantly improved its profitability compared with the same period last year, despite challenging demand conditions in the iron and steel industry.
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