Istanbul Chamber of Industry (ISO) prepared by “Türkiye’s 500 largest industrial enterprises 2024” research, the largest 500 industrial organizations from production sales last year increased by 36.3 percent compared to 2023 8 trillion 688.5 billion pounds reached.
The results of the “Türkiye’s 500 Large Industrial Establishment 2024” research were announced by ISO Chairman Erdal Bahçıvan.
Accordingly, the sales of Türkiye’s 500 major industrial organizations from production increased by 36.3 percent compared to 2023 last year 8 trillion 688.5 billion pounds reached. The increase rate was 42.1 percent in 2023, 119 percent in 2022 and 73.8 percent in 2021. Thus, the lowest increase in the last 4 years has been realized and the performance of sales from production has weakened. Last year’s increase, 41.1 percent of the domestic producer inflation is below attention.
ISO 500’s exports increased by 1.5 percent in 2024 compared to the previous year and rose to $ 96.6 billion. The export increase of the 500 largest industrial organizations remained 0.9 points below the increase in Türkiye’s external sales. Zorlu external competition conditions affect the exports of ISO 500 more.
Hard decline in the abdominal abdomen
The operating profit of the 500 largest industrial companies decreased by 31.6 percent last year from 937 billion pounds to 641 billion pounds. Parallel to this, the rate of activity decreased from 12.5 percent to 6.2 percent. This ratio, 2014-2023 average 10.4 percent of the average of the average is noted that it is noteworthy.
ISO 500’s total profit and damage before the tax decreased by 58.5 percent to 267 billion pounds. Sales profitability rate decreased from 8.6 percent to 2.6 percent. Interest, depreciation and tax before the total of profit and loss (EBITDA) showed a weak increase with 12.1 percent and reached 1.3 trillion pounds. The limited increase fell from 15.7 percent to 12.8 percent.
The number of damages increased to 152
348 companies in 2024 within the 500 largest industrial enterprises in Türkiye profit, 152 organizations announced damage. The number of damages was 96 in the previous year.
The financial and other debts of ISO 500 increased by 45.1 percent in 2024 compared to the previous year.
VAT burden of companies increased by 26.9 percent to 85 billion pounds approached. It was stated that the increase in inflation presents a positive picture, albeit to a little bit.
The share of high -tech density industries increased by 0.3 points to 7.4 percent, while the share of medium low -technology density industries decreased by 2.5 points to 31.4 percent, and the share of the medium -high technology group decreased to 26.7 percent with a decrease of 3.6 points.
98.4 percent increase in R & D expenditures
The number of R & D expenditures in the largest 500 remained the same as the previous year and was 265. R & D expenditures increased by 98.4 percent to 60.7 billion pounds.
Companies’ employment increased by 2.6 percent to 825 thousand people, while the salaries and wages paid to employees reached 813 billion pounds with an increase of 90.9 percent.
The number of public companies in ISO 500 increased from 85 to 88 compared to the previous year and reached the highest figure to date.
Among these companies, the number of foreign capital -shared organizations increased from the bottom level he saw with 108 in 2022 and rose to 124 in 2024.
In the study of last year, the development of the industry in favor of Anatolia continued. Among the 500 large companies, Istanbul Chamber of Industry attracted 144 companies, while İSO was followed by Ankara Chamber of Industry and Kocaeli Chamber of Industry with 44 companies.
Aegean Region Chamber of Industry 37, Gaziantep Chamber of Industry 29, Bursa Chamber of Commerce and Industry 17, Adana Chamber of Industry 16, Kayseri Chamber of Industry 13, Manisa Chamber of Commerce and Industry and Denizli Chamber of Industry 11’er, Mersin, Konya and Kahramanmaraş Chambers 8’er, Balikesir Chamber of Industry 7, Samsun Chamber of Commerce and Industry took place in the list.
