Turkish pipe producer Erciyas Celik Boru slipped into the red in the first half of 2025, posting a net loss of TRY 93.1 mln, compared with a profit of TRY 30.6 mln in the same period last year, the company said in a stock exchange filing.
The company’s revenue declined 1.5pct YoY to TRY 3.56 bln (USD 53 mln).
Exports remained the key driver, accounting for 75pct of total pipe sales tonnage in H1 2025.
Erciyas Celik Boru specializes in producing steel line pipes ranging from 10 inches (273.1 mm) to 160 inches (4,064 mm) in diameter, boasting an annual production capacity of 600,000 tons.
1 USD / 32.2 TRY
