8,643.88 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
34.34 USD USD USD
37.42 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.07 TRY Interest Interest
75.11 USD Fossil Oil Fossil Oil
32.50 USD Silver Silver
4.45 USD Copper Copper
102.15 USD Iron Ore Iron Ore
374.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,026.19 TRY Gold (gr) Gold (gr)

İş Gayrimenkul Yatırım (İş REIC) balance sheet met expectations

İş Gayrimenkul Yatırım (İş REIC) 2022 4th quarter balance sheet data has been announced. İş REIC's net profit for the year 2022 increased by 529 percent to 8.3 billion TL.

İş Gayrimenkul Yatırım (İş REIC) balance sheet met expectations

İş Gayrimenkul Yatırım (İş REIC) presented the balance sheet data for the 4th quarter of 2022 to its investors. In the financial statements announced by the company, it was seen that its revenue increased more than 6 times compared to 2021. However, the increase in the gross profit of İş REIC was 55 percent in this period. The increase in net profit more than met the expectations of the investors.

İş Gayrimenkul Yatırım (İş REIC) Achieved Record Profit

İş REIC increased its sales by 41% compared to the same period of 2021, from 488 million 577 thousand TL to 686 million 935 thousand TL. While the gross profit of the company increased by 55% to 447 million 492 thousand TL, its operating profit increased by 486 percent to 8,654,364,000 TL. In the same period of last year, İş REIC announced a profit of 1,329,919,000 TL. The source of profit was the increase in the value of investment properties.

İş Gayrimenkul Yatırım (İş REIC) More Than Doubled Its Equity

İş Gayrimenkul Yatırım (İş REIC) increased its equities by 146 percent from 5 billion 653 million 598 thousand TL to 13 billion 920 million 236 TL in the record inflation environment experienced in 2022, with real estate prices experiencing a great increase.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Treasury and Finance Minister Şimşek evaluated foreign trade data

Sunday, November 3, 2024

IMF: EU slowdown, US strength

Friday, October 25, 2024

Germany considers new economic plan

Friday, October 25, 2024

World Bank finances Türkiye $1.9 billion for 4 projects

Wednesday, October 23, 2024

Ministry of Energy and Natural Resources aims to increase the use of domestic resources in electricity generation

Sunday, October 20, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now