Nurol Holding CFO Kerim Kemahlı evaluated Nurol Holding’s balance sheet for 2022.
Commenting on Nurol Holding’s performance in 2022, Kemahlı said that all fields of activity contributed positively to turnover and EBITDA. Kemahlı stated that they had a sufficient year in 2022 by the real estate investment stakeholder as the Holding, adding, “Hedge costs reached 45-50 percent annually in 2022.” said.
Referring to the number of vehicles that are guaranteed to pass through the Osmangazi Bridge, Kemahlı said, “We are meeting the guaranteed 40 thousand in the middle of the year.” The daily number of vehicles guaranteed on Osmangazi Bridge was announced as 40 thousand.
Kemahlı stated that they have reached the level of free float they aimed for at Nurol GYO, and noted that although cement prices have put the company in trouble in contracting business, they have run out of stocks in luxury housing and they are looking at new projects.