Turkish specialty steel producer Asil Celik A.S. (Asil Celik) has announced its financial results for 2015.
Asil Celik has reported a net profit of TRY 16.2 million ($5.56 million) for the given year, decreasing by 60.5 percent compared to the previous year. Sales revenues of the company decreased by 16.2 percent year on year to TRY 644 million ($220.9 million). The company registered an operating profit of TRY 35.9 million ($12.3 million) in the given period, down 35.9 percent year on year.
In 2015, Asil Celik produced 402,944 mt of liquid steel, increasing by eight percent year on year. In the same period, the company's rolled steel output at its large section rolling mill amounted to 191,193 mt, down seven percent, while rolled steel output at its medium section rolling mill was 179,732 mt, up two percent, both year on year.