In Borsa Istanbul GLRMK Gülermak Ağır Sanayi İnşaat ve Taahhüt A.Ş., which trades under the code, signed an important contract and shared with the public a development that will strengthen its future revenue.
The company announced on April 25 through the Public Disclosure Platform (KAP) that Reconstruction and modernization of the Belgrade-Nis, Stalac-Djunis section railway and construction of the second railway line announced that he had undertaken the job.
Gülermak Ağır Sanayi stated that it participated in this important tender process with the joint venture it formed with YSE Yapı Sanayi ve Ticaret and won the tender by leaving behind three other participants. It was stated that the final tender result notification was notified to the company by the administration on April 25, 2025.
The statement said the contract was excluding Value Added Tax (VAT). 348.905.039 TL It was stated that the contract price is worth 2024. In addition, the ratio of the company's net income in XNUMX percent 21,94 It was particularly emphasized that this rate signals that the new contract will have a significant positive impact on Gülermak's financial performance.
Looking at the stock market performance, GLRMK shares closed on April 25 percent 4,7 with an increase in the rate 145 TL level. However, the stock has closed at percent 3 and on a monthly basis percent 7 It was also stated that it lost value by . This newly acquired large-scale railway project is expected to increase investors' interest in the stock and positively affect the stock performance in the coming period.
