[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
13.03.2023
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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Our company has commenced production following the completion of the Corrugated Infrastructure Pipe Production Capacity Expansion Investment, which was publicly disclosed on the Public Disclosure Platform on 13th March 2023.


In order to meet the increased demand for corrugated infrastructure pipes within the infrastructure production group at our Elazığ facilities, a capacity expansion was carried out, which included the establishment of 5 new lines, increasing the annual production capacity from 9,000 tons to 27,000 tons, representing a 200% increase.


As of the first 6 months of 2023, 50% of the revenue is generated from radiator sales, 39% from infrastructure and superstructure pipe sales, and 11% from boiler sales. Additionally, during the same period, 44% of the total pipe revenue is derived from infrastructure pipes, and 56% from superstructure pipe sales.


With the completion of the investment, it is expected that the annual revenue of the infrastructure and superstructure pipe group will increase by 35%.


We hereby inform the public and shareholders.