Nuh Çimento Sanayi A.S. Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,644	20,266	19,342	14,670	2,493
Revenue Growth (YoY)	-12.94%	4.78%	31.85%	488.39%	46.12%
Cost of Revenue	13,269	14,789	14,740	11,700	1,797
Gross Profit	4,375	5,477	4,602	2,970	696.41
Selling, General & Admin	1,958	1,843	1,175	740.76	201.5
Research & Development	60.65	50.52	28.61	0.56	0.02
Other Operating Expenses	82.99	47.22	145.08	49.56	15.93
Operating Expenses	2,102	1,941	1,348	790.88	217.45
Operating Income	2,273	3,536	3,254	2,179	478.95
Interest Expense	-385.72	-393.1	-266.93	-238.03	-26.29
Interest & Investment Income	2,633	2,785	694.33	432.62	69.97
Currency Exchange Gain (Loss)	85.31	-80.66	-182.22	77.77	128.55
Other Non Operating Income (Expenses)	-2,465	-1,796	-76.66	-242.98	-
EBT Excluding Unusual Items	2,141	4,051	3,422	2,208	651.19
Gain (Loss) on Sale of Investments	-93.78	-475.22	-51.74	-81.23	-5.54
Legal Settlements	-	-	-	-	-0.77
Pretax Income	2,081	3,617	3,381	2,146	648.05
Income Tax Expense	1,335	1,216	600.18	-2.85	5.62
Earnings From Continuing Operations	746.27	2,401	2,781	2,149	642.43
Minority Interest in Earnings	-	0.01	0.02	0	-0
Net Income	746.27	2,401	2,781	2,149	642.43
Net Income to Common	746.27	2,401	2,781	2,149	642.43
Net Income Growth	-68.92%	-13.64%	29.39%	234.51%	12.66%
Shares Outstanding (Basic)	150	150	150	150	150
Shares Outstanding (Diluted)	150	150	150	150	150
EPS (Basic)	4.97	15.99	18.51	14.31	4.28
EPS (Diluted)	4.97	15.99	18.51	14.31	4.28
EPS Growth	-68.92%	-13.64%	29.39%	234.51%	12.66%
Free Cash Flow	2,366	1,960	2,986	2,450	-8.48
Free Cash Flow Per Share	15.75	13.05	19.88	16.31	-0.06
Dividend Per Share	-	13.000	8.700	4.600	2.150
Dividend Growth	-	49.43%	89.13%	113.95%	43.33%
Gross Margin	24.80%	27.03%	23.79%	20.24%	27.93%
Operating Margin	12.88%	17.45%	16.82%	14.85%	19.21%
Profit Margin	4.23%	11.85%	14.38%	14.65%	25.77%
Free Cash Flow Margin	13.41%	9.67%	15.44%	16.70%	-0.34%
EBITDA	3,778	5,034	4,192	2,818	567.96
EBITDA Margin	21.41%	24.84%	21.68%	19.21%	22.78%
D&A For EBITDA	1,505	1,498	938.78	639.65	89
EBIT	2,273	3,536	3,254	2,179	478.95
EBIT Margin	12.88%	17.45%	16.82%	14.85%	19.21%
Effective Tax Rate	64.14%	33.62%	17.75%	-	0.87%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.