In 2016, in order to increase competition and liberalization in the railway transportation sector, TCDDestablished under the TCDD Transportation Inc.‘s period loss emerged.
LOSS INCREASED 53 PERCENT IN 1 YEAR!
The company’s net loss for the year 2022 increased by 53 percent compared to 2021. The total loss of the company exceeded 5.5 billion TL. The net period loss of the company in 2017, the first year of operation, was recorded as 631 million 737 thousand TL.
“AKP’s backyard” In the management of the company, which is the focus of criticism, many former The Istanbul Metropolitan Municipality (İBB) manager as well.
THEY CLOSED EVERY YEAR WITH A LOSS
The company also announced a loss in 2018. It was stated that the loss of TCDD Taşımacılık A.Ş., which opened 2018 with a balance of 631 million 737 thousand TL, reached 924 million 662 thousand TL at the end of 2018. In 2019, the loss of the company was 1 billion 87 million TL.
The change experienced by the company, which also made record losses in 2020, 2021 and 2022, was reflected in the financial reports as follows:
*2020: 1 billion 331 million 170 thousand TL
*2021: 1 billion 641 million 228 thousand TL
*2022: 2 billion 511 million 434 thousand TL
TOTAL LOSS 5 BILLION 617 MILLION TL!
The accumulated loss of the company from previous years was recorded as 5 billion 617 million 851 thousand TL as of 2023.
Some of the short-term debt items of the company are as follows:
*Trade payables: 1 billion 94 million 39 thousand TL
*Tax and other obligations: 101 million 8 thousand TL
*Short-term foreign resources: 17 million 518 thousand TL