It's reported that Asil Celik, one of the major specialty steel producer in Turkey released its financial result for the second quarter and the first half of this year.
The company posted a net profit of TRY3.9 million for the second quarter of this year, slumping by 61.8% year on year.
In the second quarter of this year, the company realized sales revenues of TRY118.5 million, falling by 23.2% year on year. Its operating profits in the given period of time were at TRY4.62 million, decreasing by 69% year on year.
Meanwhile, Asil Celik, posted a net profit of TRY7.33 million for the first half of this year, slumping by 76.5% year on year. Its sale revenues for the first half amounted to TRY244.6 million, falling by 29.3% year on year.