Thus, the company's net profit for the whole of 2022 amounted to 18 billion TL. According to the balance sheet sent to the Public Disclosure Platform (KAP) from Ereğli Iron and Steel Factories, the company's net profit for the fourth quarter of 2022 decreased by 32 percent compared to the same period last year, while its annual net profit increased by 15 percent.
Looking at Erdemir's sales revenues, it was seen that there was a decrease in 2022. The company achieved net sales revenue of 1 billion 764 million dollars in the fourth quarter of the year, including 1 billion 501 million dollars domestically and 263 million dollars abroad. Erdemir had realized sales of 2 billion 40 million dollars in the third quarter of 2022.
The company's total sales for 2022 increased by 5.7 percent y-o-y to 8 billion 107 million dollars. Erdemir's EBITDA per ton figure in the fourth quarter of 2022 was $48. Investment expenditures increased from $434 million to $723 million in 2022.
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