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Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (KRDMA.IS)

KRDMA.IS on Istanbul Stock Exchange

2.62TRY
13 Dec 2017
Change (% chg)

0.12TL (+4.80%)
Prev Close
2.50TL
Open
2.56TL
Day's High
2.63TL
Day's Low
2.50TL
Volume
6,363,456
Avg. Vol
4,183,152
52-wk High
3.05TL
52-wk Low
1.29TL

Latest Key Developments (Source: Significant Developments)

Kardemir Q3 net result turns to profit of 76.0 million lira
Friday, 27 Oct 2017 03:10am EDT 

Oct 27 (Reuters) - KARDEMIR ::REPORTED ON THURSDAY Q3 NET PROFIT OF 76.0 MILLION LIRA VERSUS NET LOSS OF 20.1 MILLION LIRA YEAR AGO.Q3 REVENUE OF 953.8 MILLION LIRA VERSUS 538.4 MILLION LIRA YEAR AGO.  Full Article

Kardemir files $33.6 mln arbitration application against Noble Resources International
Wednesday, 6 Sep 2017 02:53am EDT 

Sept 6 (Reuters) - KARDEMIR KARABUK DEMIR CELIK SANAYI VE TICARET AS ::SAID ON TUESDAY HAS APPLIED FOR COMMENCEMENT OF ARBITRATION AGAINST NOBLE RESOURCES INTERNATIONAL PTE LTD, ONE OF COMPANY'S RAW MATERIAL SUPPLIERS, FOR 33.6 MLN .NOTICE OF ARBITRATION HAS BEEN SUBMITTED TO HONG KONG INTERNATIONAL ARBITRATION CENTER AS OF SEPTEMBER 5,2017.  Full Article

Kardemir updates 2017 EBITDA margin outlook to 16%-18%
Friday, 11 Aug 2017 02:45am EDT 

Aug 11 (Reuters) - KARDEMIR KARABUK DEMIR CELIK SANAYI VE TICARET AS ::SAID ON THURSDAY EBITDA MARGIN EXPECTATION FOR FY 2017 HAS BEEN UPDATED TO 16%-18%.  Full Article

Kardemir to set up a new continuous casting machine to reach 3.5 mln tons/year capacity
Thursday, 10 Aug 2017 06:54am EDT 

Aug 10 (Reuters) - KARDEMIR ::TO ESTABLISH A NEW CONTINUOUS CASTING MACHINE TO REACH 3.5 MILLION TONS / YEAR CAPACITY FROM CURRENT 2.4 MILLION TONS‍​.THE TENDER PREPARATIONS FOR THE NEW CONTINUOUS CASTING MACHINE TO BE INSTALLED WITH 1.25 MILLION TON / YEAR CAPACITY ARE ONGOING.WITH THE INVESTMENT PLANNED TO BE COMPLETED IN 6 MONTHS, THE CASTING CAPACITY TO REACH 3.5 MILLION TONS IN 2019.  Full Article

Kardemir Q2 net profit jumps to 110.1 million lira
Monday, 7 Aug 2017 02:41am EDT 

Aug 7 (Reuters) - KARDEMIR KARABUK DEMIR CELIK SANAYI VE TICARET AS ::REPORTED ON FRIDAY Q2 REVENUE OF 997.7 MILLION LIRA VERSUS 531.9 MILLION LIRA YEAR AGO.Q2 NET PROFIT WAS AT 110.1 MILLION LIRA VERSUS 31.0 MILLION LIRA YEAR AGO .  Full Article

Kardemir Q1 net result turns to loss of 5.6 million lira
Wednesday, 3 May 2017 12:23pm EDT 

May 3 (Reuters) - Kardemir ::Q1 net loss of 5.6 million lira ($1.58 million) versus profit of 232,539 lira year ago.Q1 revenue of 866.9 million lira versus 502.8 million lira year ago.  Full Article

Kardemir 2016 net loss widens to 123.8 million lira
Thursday, 2 Mar 2017 10:42am EST 

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS : FY 2016 revenue of 2.34 billion lira versus 2.23 billion lira year ago .FY 2016 net loss of 123.8 million lira versus loss of 21.3 million lira year ago.  Full Article

Kardemir Q2 net profit up at 31.0 mln lira
Monday, 15 Aug 2016 11:15am EDT 

Kardemir : Q2 revenue of 532.0 million lira ($180.85 million) versus 635.4 million lira year ago .Q2 net profit of 31.0 million lira versus 2.5 million lira year ago.  Full Article

Kardemir to issue bonds up to 400 mln lira
Friday, 27 May 2016 01:24am EDT 

Kardemir :Said on Thursday that decided to issue bonds up to 400 million lira for qualified investors in the domestic market with maturity period between 6 months and 3 years.  Full Article

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS gives 2016 EBITDA margin outlook above analysts' estimates
Thursday, 5 May 2016 02:31am EDT 

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS:Sees 2016 EBITDA margin of 15-17 percent.Sees core production of 2.1 million tonnes and sale of 2.1 million tonnes of core products in 2016.2016 EBITDA margin of 14.4 percent - -Thomson Reuters I/B/E/S Estimates.  Full Article