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The company reported a net profit of TL 385.29 million ($25.94 million) for the given period, compared with a net profit of TL 152.82 million in the first half of 2021.During the given period, Borusan Mannesmann’s sales revenue increased by 195.6% year-on-year to 8.54 billion lire ($573.37 million).
In the first half of this year, the company sold 338,000 tons of high-quality products, a year-on-year increase of 7.9%.During the same period, 66% of the company’s premium products were sold to export markets.The company’s sales of high value-added pipes (including special pipes and spiral pipes) accounted for 67% of the total sales of high-quality products, and the sales of high-value-added drill pipes accounted for 32% of the total sales of high-quality products.During the period, the company’s value-added spiral welded pipe sales accounted for 8% of the total sales of high-quality pipes.In the first half of the year, the sales volume of steel pipes in the automotive industry increased by 12% year-on-year.The company’s turnover from pipe sales to the automotive industry in the first six months accounted for 21% of the total turnover of premium products.