{"id":1637,"date":"2026-03-05T14:24:42","date_gmt":"2026-03-05T11:24:42","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=1637"},"modified":"2026-03-05T14:25:52","modified_gmt":"2026-03-05T11:25:52","slug":"pahol-faaliyet-raporu-analizi-202512-pasifik-holding-a","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/1637","title":{"rendered":"\ud83c\uddf9\ud83c\uddf7 PAHOL Faaliyet Raporu Analizi 2025\/12 | Pasifik Holding A.\u015e."},"content":{"rendered":"<p><iframe data-testid=\"embed-iframe\" style=\"border-radius:12px\" src=\"https:\/\/open.spotify.com\/embed\/episode\/6rjOvS7JTUyonndWO14Erz?utm_source=generator&#038;t=0\" width=\"100%\" height=\"352\" frameBorder=\"0\" allowfullscreen=\"\" allow=\"autoplay; clipboard-write; encrypted-media; fullscreen; picture-in-picture\" loading=\"lazy\"><\/iframe><\/p>\n<h1>Pasifik Holding 2025: Sadece Bir \u0130n\u015faat Devinden Fazlas\u0131 (Finansal Bir S\u0131\u00e7raman\u0131n Anatomisi)<\/h1>\n<h3>1. Giri\u015f: Beklentilerin \u00d6tesine Ge\u00e7en Bir Portre<\/h3>\n<p>Pasifik Holding denildi\u011finde akla gelen ilk imaj, genellikle g\u00f6ky\u00fcz\u00fcne uzanan &#8220;Next Level&#8221; kuleleri ve prestijli gayrimenkul projeleridir. Ancak 31 Aral\u0131k 2025 tarihli son Faaliyet Raporu, bu yerle\u015fik alg\u0131y\u0131 k\u00f6k\u00fcnden sarsan bir d\u00f6n\u00fc\u015f\u00fcm\u00fcn hikayesini anlat\u0131yor. Holding, 2025 y\u0131l\u0131 itibar\u0131yla geleneksel bir in\u015faat grubu olmaktan s\u0131yr\u0131larak lojistikten siber g\u00fcvenli\u011fe, savunma sanayiinden yenilenebilir enerjiye uzanan \u00e7ok boyutlu bir stratejik g\u00fc\u00e7 merkezine evrilmi\u015f durumda.<\/p>\n<p>Bu rapor, sadece finansal verilerin alt alta dizildi\u011fi bir belge de\u011fil; yerel bir oyuncunun b\u00f6lgesel bir teknoloji ve enerji devine d\u00f6n\u00fc\u015fme iradesini g\u00f6steren bir &#8220;d\u00f6n\u00fc\u015f\u00fcm manifestosu&#8221; niteli\u011fi ta\u015f\u0131yor. Pasifik Holding\u2019in 2025 y\u0131l\u0131ndaki bu k\u00f6kl\u00fc kabuk de\u011fi\u015fimi, &#8220;Gayrimenkul Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131&#8221; kimli\u011finin \u00e7ok \u00f6tesinde, y\u00fcksek katma de\u011ferli ve teknoloji yo\u011funluklu bir gelece\u011fe at\u0131lan devasa bir ad\u0131m\u0131 temsil ediyor.<\/p>\n<h3>2. Finansal Patlama: Bir Y\u0131lda 15 Kat Kar Art\u0131\u015f\u0131 M\u00fcmk\u00fcn m\u00fc?<\/h3>\n<p>Pasifik Holding\u2019in 2025 y\u0131l\u0131 mali tablolar\u0131, yat\u0131r\u0131mc\u0131lar\u0131n nadiren \u015fahit oldu\u011fu bir &#8220;operating leverage&#8221; (faaliyet kald\u0131rac\u0131) ba\u015far\u0131s\u0131n\u0131 g\u00f6zler \u00f6n\u00fcne seriyor. \u015eirketin ula\u015ft\u0131\u011f\u0131 yeni \u00f6l\u00e7ek, hem operasyonel verimlili\u011fin hem de stratejik &#8220;tahsisli sermaye art\u0131r\u0131m\u0131&#8221; hamlesinin bir sonucu.<\/p>\n<ul>\n<li><b>Net D\u00f6nem Kar\u0131:<\/b> 2024 y\u0131l\u0131nda 288,4 milyon TL olan net kar, 2025 y\u0131l\u0131 sonunda tam <b>4,56 milyar TL<\/b> seviyesine ula\u015ft\u0131. Bu, tek bir y\u0131lda kar\u0131n yakla\u015f\u0131k 15 kat artmas\u0131 anlam\u0131na geliyor.<\/li>\n<li><b>Has\u0131lat:<\/b> \u015eirketin toplam has\u0131lat\u0131 1,37 milyar TL&#8217;den <b>7,47 milyar TL<\/b>&#8216;ye y\u00fckselerek hacimsel bir patlama ya\u015fad\u0131.<\/li>\n<li><b>\u00d6denmi\u015f Sermaye:<\/b> D\u00f6nem i\u00e7inde ger\u00e7ekle\u015ftirilen stratejik sermaye art\u0131r\u0131m\u0131 ile \u015firketin \u00f6denmi\u015f sermayesi <b>20 milyar TL<\/b>&#8216;ye ula\u015ft\u0131.<\/li>\n<\/ul>\n<p>&#8220;Pasifik Holding hisseleri 2025 y\u0131l\u0131 boyunca 1,47 TL ile 1,99 TL fiyat aral\u0131\u011f\u0131nda hareket ederek yat\u0131r\u0131mc\u0131s\u0131na g\u00fcven vermi\u015f, y\u0131l\u0131 1,55 TL seviyesinden %3,33 de\u011fer kazanc\u0131yla kapatm\u0131\u015ft\u0131r. Bu istikrar, holdingin 90 milyar TL&#8217;lik kay\u0131tl\u0131 sermaye tavan\u0131 vizyonuyla birle\u015fti\u011finde, \u015firketin b\u00fcy\u00fcme i\u015ftah\u0131n\u0131n hen\u00fcz ba\u015flang\u0131\u00e7 a\u015famas\u0131nda oldu\u011funu teyit ediyor.&#8221;<\/p>\n<h3>3. Teknoloji Oda\u011f\u0131: \u0130nsans\u0131z Hava Ara\u00e7lar\u0131ndan Siber G\u00fcvenli\u011fe<\/h3>\n<p>Holdingin d\u00f6n\u00fc\u015f\u00fcm stratejisinin kalbinde yer alan <b>Pasifik Teknoloji<\/b>, 13 \u015eubat 2024\u2019ten bu yana Borsa \u0130stanbul\u2019da i\u015flem g\u00f6ren bir dev olarak grubun teknolojik olgunlu\u011funu temsil ediyor. Bu \u00e7at\u0131 alt\u0131nda <b>Titra Teknoloji<\/b> taraf\u0131ndan geli\u015ftirilen insans\u0131z hava ara\u00e7lar\u0131 projeleri, holdingi savunma sanayinin kritik bir oyuncusu haline getirdi. \u00d6zellikle <b>Savx Teknoloji<\/b>, askeri ve sivil ama\u00e7l\u0131 \u0130HA sistem tasar\u0131m\u0131 ve \u00fcretimiyle bu alandaki &#8220;y\u00fcksek teknoloji \u00fcreticisi&#8221; kimli\u011fini per\u00e7inliyor.<\/p>\n<p>Sadece donan\u0131m de\u011fil, yaz\u0131l\u0131m ve dijital servislerde de derinle\u015fen bir yap\u0131 mevcut. <b>Destel Bili\u015fim<\/b> ile siber g\u00fcvenlik ve a\u011f \u00e7\u00f6z\u00fcmlerinde, <b>Proline<\/b> ile biometrik do\u011frulama sistemlerinde elde edilen yetkinlik, holdingi dijital d\u00fcnyan\u0131n en kritik virajlar\u0131nda s\u00f6z sahibi yap\u0131yor. Bunlara ek olarak, dijital seyahat platformu <b>Ditravo<\/b> ile turizm teknolojilerine ad\u0131m at\u0131lmas\u0131, holdingin teknoloji portf\u00f6y\u00fcn\u00fcn ne kadar geni\u015f bir spektruma yay\u0131ld\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n<h3>4. S\u0131n\u0131rlar\u0131n \u00d6tesi: Romanya ve Hollanda Hamleleri<\/h3>\n<p>Pasifik Holding, 2025 y\u0131l\u0131nda yerel bir oyuncu olmaktan \u00e7\u0131k\u0131p b\u00f6lgesel bir g\u00fcce d\u00f6n\u00fc\u015fme vizyonunu somutla\u015ft\u0131rd\u0131. Bu geni\u015fleme, \u00f6zellikle enerji arz g\u00fcvenli\u011fi ve uluslararas\u0131 finans y\u00f6netimini oda\u011f\u0131na al\u0131yor:<\/p>\n<ul>\n<li><b>Romanya (Enerji Depolama):<\/b> <i>Seara la Cetate SRL<\/i> ve \u00f6zellikle Prahova\/Urlati lokasyonunda faaliyet g\u00f6steren <i>Agronatura Green Energy<\/i> \u00fczerinden y\u00fcr\u00fct\u00fclen operasyonlar, 85 MW\/h depolama kapasitesiyle b\u00f6lgenin enerji d\u00f6n\u00fc\u015f\u00fcm\u00fcnde kritik rol oynuyor.<\/li>\n<li><b>Hollanda (Stratejik Finans):<\/b> Amsterdam merkezli <i>Pasifik Group B.V.<\/i>, grubun uluslararas\u0131 finansman kaynaklar\u0131na eri\u015fimi ve i\u015ftirak y\u00f6netimi i\u00e7in stratejik bir k\u00f6pr\u00fc ba\u015f\u0131 g\u00f6revi g\u00f6r\u00fcyor.<\/li>\n<\/ul>\n<p>Bu hamleler, holdingin d\u00f6viz bazl\u0131 gelir kalemlerini \u00e7e\u015fitlendirme ve Avrupa pazar\u0131nda kal\u0131c\u0131 bir &#8220;moat&#8221; (hendek) olu\u015fturma stratejisinin par\u00e7as\u0131 olarak \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n<h3>5. Lojisti\u011fin Yeni Omurgas\u0131: TCDD \u0130\u015f Birli\u011fi ve Demir \u0130pek Yolu<\/h3>\n<p>Lojistik sekt\u00f6r\u00fc, Pasifik Eurasia Lojistik arac\u0131l\u0131\u011f\u0131yla holdingin en g\u00fc\u00e7l\u00fc operasyonel kaslar\u0131ndan birine d\u00f6n\u00fc\u015ft\u00fc. \u015eirketin TCDD Ta\u015f\u0131mac\u0131l\u0131k A.\u015e. ile yapt\u0131\u011f\u0131 ve 2021-2028 d\u00f6nemini kapsayan uluslararas\u0131 demiryolu ta\u015f\u0131ma anla\u015fmas\u0131, rakiplerine kar\u015f\u0131 devasa bir stratejik bariyer olu\u015fturuyor.<\/p>\n<p>Bu anla\u015fma kapsam\u0131nda T\u00fcrkiye \u00fczerinden transit ge\u00e7en konvansiyonel e\u015fya ve konteyner ta\u015f\u0131mac\u0131l\u0131\u011f\u0131nda sa\u011flanan <b>\u00f6zel \u00fccret ve s\u00f6zle\u015fme avantajlar\u0131<\/b>, Pasifik\u2019i &#8220;Demir \u0130pek Yolu&#8221;nun merkez akt\u00f6r\u00fc konumuna getiriyor. \u00d6zellikle \u00c7in-T\u00fcrkiye hatt\u0131nda kurulan bu lojistik k\u00f6pr\u00fc, holdingin sadece bir &#8220;ta\u015f\u0131y\u0131c\u0131&#8221; de\u011fil, &#8220;ye\u015fil lojistik&#8221; vizyonuyla tren i\u015fletmecili\u011fi yapan operasyonel bir otorite oldu\u011funu kan\u0131tl\u0131yor. Bu yap\u0131, k\u00fcresel ticaret rotalar\u0131ndaki de\u011fi\u015fimleri holding lehine finansal bir avantaja \u00e7eviren en b\u00fcy\u00fck b\u00fcy\u00fcme motorlar\u0131ndan biri.<\/p>\n<h3>6. Sonu\u00e7: 2026 ve \u00d6tesine Bak\u0131\u015f<\/h3>\n<p>2025 Faaliyet Raporu\u2019nun sat\u0131r aralar\u0131 okundu\u011funda, Pasifik Holding\u2019in sadece teknoloji de\u011fil, s\u00fcrd\u00fcr\u00fclebilir \u00fcretim alan\u0131nda da dengeli bir model kurdu\u011fu g\u00f6r\u00fcl\u00fcyor. Giresun\u2019un Espiye il\u00e7esindeki 25.000 m\u00b2\u2019lik alanda kurulu <b>Aden Pellet<\/b> tesisleri ve buradaki <b>&#8220;Green Planet&#8221;<\/b> markas\u0131, holdingin &#8220;imalat&#8221; aya\u011f\u0131n\u0131 ve \u00e7evre dostu enerjiye olan ba\u011fl\u0131l\u0131\u011f\u0131n\u0131 simgeliyor. Madencilik ve pelet \u00fcretimi gibi alanlar, teknoloji portf\u00f6y\u00fcn\u00fcn y\u00fcksek volatilitesine kar\u015f\u0131 birer &#8220;commodity hedge&#8221; (emtia korumas\u0131) i\u015flevi g\u00f6r\u00fcyor.<\/p>\n<p>Holdingin bu devasa portf\u00f6y\u00fc, sadece 23 ki\u015filik bir \u00e7ekirdek y\u00f6netim kadrosuyla (&#8220;Core Holding&#8221; modeli) y\u00f6netmesi, operasyonel \u00e7evikli\u011fin ve d\u00fc\u015f\u00fck genel y\u00f6netim giderlerinin bir g\u00f6stergesi. Ancak 2026\u2019ya girerken as\u0131l soru \u015fu:<\/p>\n<p><b>Gelecek \u0130\u00e7in Notlar:<\/b> Pasifik Holding; savunma sanayiinden madencili\u011fe, lojistikten biometrik \u00e7\u00f6z\u00fcmlere kadar uzanan bu kadar geni\u015f bir sekt\u00f6rel yelpazeyi ayn\u0131 operasyonel disiplinle y\u00f6netmeye devam edebilecek mi? Yoksa bu \u00e7e\u015fitlilik, y\u00f6netilmesi gereken devasa bir kompleksite y\u00fck\u00fcne mi d\u00f6n\u00fc\u015fecek?<\/p>\n<p><i>Rakamlar Pasifik&#8217;in rotas\u0131n\u0131n do\u011fru oldu\u011funu s\u00f6yl\u00fcyor, ancak bu &#8220;\u00e7ok sekt\u00f6rl\u00fc senkronizasyonun&#8221; ger\u00e7ek testi 2026&#8217;n\u0131n k\u00fcresel ekonomik ikliminde verilecek.<\/i><\/p>\n<h1>Pasifik Holding A.\u015e. 2025 Y\u0131l\u0131 Faaliyet Raporu Bilgilendirme Belgesi<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, Pasifik Holding A.\u015e.&#8217;nin 1 Ocak 2025 \u2013 31 Aral\u0131k 2025 hesap d\u00f6nemine ait faaliyetlerini, finansal performans\u0131n\u0131 ve stratejik yap\u0131lanmas\u0131n\u0131 \u00f6zetlemektedir. 2025 y\u0131l\u0131, Holding i\u00e7in halka arz s\u00fcre\u00e7lerinin tamamland\u0131\u011f\u0131, sermaye yap\u0131s\u0131n\u0131n g\u00fc\u00e7lendirildi\u011fi ve alt\u0131 ana sekt\u00f6rde (\u0130n\u015faat, Lojistik, Teknoloji, Enerji, \u0130malat, Madencilik) derinle\u015fti\u011fi bir d\u00f6nem olmu\u015ftur.<\/p>\n<p><b>Kritik \u00c7\u0131kar\u0131mlar:<\/b><\/p>\n<ul>\n<li><b>Finansal B\u00fcy\u00fcme:<\/b> Holding, 2025 y\u0131l\u0131 sonunda 4.566.020.425 TL net d\u00f6nem k\u00e2r\u0131 elde etmi\u015ftir. Toplam varl\u0131klar 45,1 milyar TL seviyesine ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>Sermaye Yap\u0131s\u0131:<\/b> \u015eirketin \u00e7\u0131kar\u0131lm\u0131\u015f sermayesi 20.000.000.000 TL&#8217;ye y\u00fckseltilmi\u015f; kay\u0131tl\u0131 sermaye tavan\u0131 ise 90.000.000.000 TL olarak belirlenmi\u015ftir.<\/li>\n<li><b>Sekt\u00f6rel \u00c7e\u015fitlilik:<\/b> Gayrimenkulden teknolojiye, yenilenebilir enerjiden uluslararas\u0131 lojisti\u011fe kadar geni\u015f bir yelpazede faaliyet g\u00f6steren i\u015ftirak portf\u00f6y\u00fc ile risk dengelenmi\u015f ve b\u00fcy\u00fcme potansiyeli art\u0131r\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>Borsa Performans\u0131:<\/b> Pasifik Holding hisseleri 2025 y\u0131l\u0131 i\u00e7erisinde 1,47 TL ile 1,99 TL aral\u0131\u011f\u0131nda i\u015flem g\u00f6rm\u00fc\u015f ve y\u0131l\u0131 %3,33 de\u011fer kazanc\u0131yla 1,55 TL fiyattan kapatm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Bilgiler ve Organizasyon Yap\u0131s\u0131<\/h2>\n<p>Pasifik Holding A.\u015e., Ankara merkezli olarak faaliyet g\u00f6steren, \u00e7ok sekt\u00f6rl\u00fc bir yat\u0131r\u0131m grubudur. 31 Aral\u0131k 2025 itibar\u0131yla holding b\u00fcnyesinde 23 personel istihdam edilmektedir.<\/p>\n<h3>1.1. Ortakl\u0131k Yap\u0131s\u0131 (02.03.2026 itibar\u0131yla)<\/h3>\n<p>Holding sermayesi, her biri imtiyazl\u0131 A grubu ve imtiyazs\u0131z B grubu paylardan olu\u015fmaktad\u0131r. A grubu paylar, y\u00f6netim kurulu \u00fcyelerini aday g\u00f6sterme imtiyaz\u0131na ve genel kurulda pay ba\u015f\u0131na 5 oy hakk\u0131na sahiptir (B grubu paylar 1 oy hakk\u0131na sahiptir).<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ortak Ad\u0131<\/td>\n<td>Pay Tutar\u0131 (TL)<\/td>\n<td>Pay Oran\u0131 (%)<\/td>\n<\/tr>\n<tr>\n<td>Fatih ERDO\u011eAN<\/td>\n<td>5.333.333.334<\/td>\n<td>26,67<\/td>\n<\/tr>\n<tr>\n<td>Abdulkerim FIRAT<\/td>\n<td>5.333.333.333<\/td>\n<td>26,67<\/td>\n<\/tr>\n<tr>\n<td>Mehmet ERDO\u011eAN<\/td>\n<td>5.333.333.333<\/td>\n<td>26,67<\/td>\n<\/tr>\n<tr>\n<td>Di\u011fer (Halka A\u00e7\u0131k vb.)<\/td>\n<td>4.000.000.000<\/td>\n<td>19,99<\/td>\n<\/tr>\n<tr>\n<td><b>TOPLAM<\/b><\/td>\n<td><b>20.000.000.000<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>1.2. Y\u00f6netim Kurulu<\/h3>\n<p>Y\u00f6netim kurulu, 3&#8217;\u00fc ba\u011f\u0131ms\u0131z olmak \u00fczere toplam 9 \u00fcyeden olu\u015fmaktad\u0131r. \u00dcyeler 3 y\u0131l s\u00fcreyle g\u00f6rev yapmak \u00fczere se\u00e7ilmi\u015ftir.<\/p>\n<ul>\n<li><b>Ba\u015fkan:<\/b> Fatih Erdo\u011fan (\u0130crac\u0131)<\/li>\n<li><b>Ba\u015fkan Vekili:<\/b> Abdulkerim F\u0131rat (\u0130crac\u0131)<\/li>\n<li><b>\u00dcyeler:<\/b> Mehmet Erdo\u011fan, Fatih Nusret Dur (Genel M\u00fcd\u00fcr), Alparslan Cemail Batuk, Aykut Ferah.<\/li>\n<li><b>Ba\u011f\u0131ms\u0131z \u00dcyeler:<\/b> Mahmut Kutlucan, \u0130rfan G\u00fcvendi, Ercan Demirci.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Sekt\u00f6rel Faaliyet Analizi<\/h2>\n<p>Holding&#8217;in yat\u0131r\u0131mlar\u0131 alt\u0131 ana stratejik sekt\u00f6r alt\u0131nda toplanm\u0131\u015ft\u0131r.<\/p>\n<h3>2.1. \u0130n\u015faat Sekt\u00f6r\u00fc (Pasifik GYO A.\u015e.)<\/h3>\n<p>Pasifik GYO, grubun in\u015faat ve gayrimenkul geli\u015ftirme alan\u0131ndaki amiral gemisidir. Borsa \u0130stanbul\u2019da i\u015flem g\u00f6ren \u015firketin portf\u00f6y\u00fcnde \u00f6ne \u00e7\u0131kan projeler \u015funlard\u0131r:<\/p>\n<ul>\n<li><b>Merkez Ankara Projesi:<\/b> 1.182.985 m\u00b2 toplam in\u015faat alan\u0131na sahip, kamu ofisleri, konutlar ve ticari alanlar\u0131 kapsayan devasa bir karma projedir.<\/li>\n<li><b>Next Level \u0130stanbul:<\/b> Be\u015fikta\u015f\/Etiler b\u00f6lgesinde turizm ve ticaret odakl\u0131 proje.<\/li>\n<li><b>Next Level Country &amp; Kemer:<\/b> Ey\u00fcpsultan b\u00f6lgesinde konut projeleri.<\/li>\n<li><b>Next Level Bodrum:<\/b> Mu\u011fla\/T\u00fcrkb\u00fck\u00fc&#8217;nde denize s\u0131f\u0131r turizm ve konut projesi.<\/li>\n<li><b>Kentsel D\u00f6n\u00fc\u015f\u00fcm:<\/b> Akademiler Sitesi (Etiler) ve \u00c7engelk\u00f6y b\u00f6lgelerinde planlanan d\u00f6n\u00fc\u015f\u00fcm projeleri.<\/li>\n<\/ul>\n<h3>2.2. Lojistik Sekt\u00f6r\u00fc (Pasifik Eurasia Lojistik D\u0131\u015f Tic. A.\u015e.)<\/h3>\n<p>Uluslararas\u0131 demiryolu, hava, deniz ve kara yolu ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 yapmaktad\u0131r.<\/p>\n<ul>\n<li><b>Stratejik Ortakl\u0131klar:<\/b> TCDD Ta\u015f\u0131mac\u0131l\u0131k A.\u015e. ile imzalanan anla\u015fma kapsam\u0131nda \u00c7in-T\u00fcrkiye transit hatt\u0131nda etkin rol oynamaktad\u0131r.<\/li>\n<li><b>Yeni Giri\u015fimler:<\/b> \u00c7in-T\u00fcrkiye parkurunda etkinli\u011fi art\u0131rmak i\u00e7in Pasifik Global Lojistik A.\u015e. kurulmu\u015ftur. Ayr\u0131ca Pasifik Arkas Demiryolu Tren \u0130\u015fletmecili\u011fi ile demiryolu operasyonlar\u0131 geni\u015fletilmi\u015ftir.<\/li>\n<\/ul>\n<h3>2.3. Teknoloji Sekt\u00f6r\u00fc (Pasifik Teknoloji A.\u015e.)<\/h3>\n<p>Bili\u015fim, yaz\u0131l\u0131m ve savunma sanayi teknolojilerine odaklanmaktad\u0131r.<\/p>\n<ul>\n<li><b>Titra Teknoloji:<\/b> \u0130nsans\u0131z hava ara\u00e7lar\u0131 (\u0130HA) ve yapay zeka tabanl\u0131 sistemler geli\u015ftirmektedir.<\/li>\n<li><b>Destel Bili\u015fim:<\/b> Siber g\u00fcvenlik, network a\u011flar\u0131 ve yaz\u0131l\u0131m \u00e7\u00f6z\u00fcmleri sunmaktad\u0131r.<\/li>\n<li><b>Ditravo:<\/b> Seyahat ve yolcu ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 odakl\u0131 dijital platformlar geli\u015ftirmektedir.<\/li>\n<li><b>Proline:<\/b> Biyometrik \u00e7\u00f6z\u00fcmler ve g\u00fcvenli dok\u00fcman teknolojileri alan\u0131nda faaliyet g\u00f6stermektedir.<\/li>\n<\/ul>\n<h3>2.4. Enerji ve Di\u011fer Sekt\u00f6rler<\/h3>\n<ul>\n<li><b>Pasifik Yenilenebilir Enerji:<\/b> R\u00fczgar ve g\u00fcne\u015f enerjisi santralleri \u00fczerine yo\u011funla\u015fm\u0131\u015ft\u0131r. Romanya&#8217;da &#8220;Seara la Cetate SRL&#8221; ve &#8220;Agronatura Green Energy&#8221; \u015firketleri \u00fczerinden uluslararas\u0131 enerji yat\u0131r\u0131mlar\u0131 bulunmaktad\u0131r.<\/li>\n<li><b>\u0130malat (Aden Pellet):<\/b> Giresun\/Espiye&#8217;deki tesisinde &#8220;Green Planet&#8221; markas\u0131yla orman \u00fcr\u00fcnlerinden pelet \u00fcretimi ve ihracat\u0131 yapmaktad\u0131r.<\/li>\n<li><b>Madencilik:<\/b> Pasifik Madencilik arac\u0131l\u0131\u011f\u0131yla maden arama ve i\u015fletme ruhsatlar\u0131 \u00fczerine \u00e7al\u0131\u015fmalar s\u00fcrd\u00fcr\u00fclmektedir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Finansal Durum De\u011ferlendirmesi<\/h2>\n<p>2025 y\u0131l\u0131 finansal tablolar\u0131, holdingin varl\u0131k yap\u0131s\u0131nda ve k\u00e2rl\u0131l\u0131\u011f\u0131nda anlaml\u0131 bir art\u0131\u015f oldu\u011funu g\u00f6stermektedir.<\/p>\n<h3>3.1. \u00d6zet Bilan\u00e7o Verileri (TL)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>31.12.2025<\/td>\n<td>31.12.2024<\/td>\n<\/tr>\n<tr>\n<td>D\u00f6nen Varl\u0131klar<\/td>\n<td>4.085.307.251<\/td>\n<td>692.664.779<\/td>\n<\/tr>\n<tr>\n<td>Duran Varl\u0131klar<\/td>\n<td>41.056.722.142<\/td>\n<td>33.772.297.796<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td><b>45.142.029.393<\/b><\/td>\n<td><b>34.464.962.575<\/b><\/td>\n<\/tr>\n<tr>\n<td>Toplam Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>5.359.263.621<\/td>\n<td>2.167.811.059<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6zkaynaklar<\/b><\/td>\n<td><b>39.782.765.772<\/b><\/td>\n<td><b>32.297.151.516<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>3.2. Gelir Tablosu \u00d6zeti (TL)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>01.01.2025 &#8211; 31.12.2025<\/td>\n<td>01.01.2024 &#8211; 31.12.2024<\/td>\n<\/tr>\n<tr>\n<td>Has\u0131lat<\/td>\n<td>7.469.166.078<\/td>\n<td>1.372.323.545<\/td>\n<\/tr>\n<tr>\n<td>Esas Faaliyet K\u00e2r\u0131<\/td>\n<td>7.295.238.876<\/td>\n<td>545.588.812<\/td>\n<\/tr>\n<tr>\n<td><b>Net D\u00f6nem K\u00e2r\u0131<\/b><\/td>\n<td><b>4.566.020.425<\/b><\/td>\n<td><b>288.459.425<\/b><\/td>\n<\/tr>\n<tr>\n<td>Pay Ba\u015f\u0131na Kazan\u00e7<\/td>\n<td>0,2504<\/td>\n<td>0,0195<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Kurumsal Y\u00f6netim, Risk ve S\u00fcrd\u00fcr\u00fclebilirlik<\/h2>\n<h3>4.1. Risk Y\u00f6netimi ve \u0130\u00e7 Kontrol<\/h3>\n<p>Holding b\u00fcnyesinde Kurumsal Y\u00f6netim Komitesi, Denetimden Sorumlu Komite ve Riskin Erken Saptanmas\u0131 Komitelerinin olu\u015fturulmas\u0131 s\u00fcreci devam etmektedir. \u015eirket, finansman kaynaklar\u0131n\u0131 halka arz gelirleri, i\u015ftirak temett\u00fcleri ve hizmet gelirleri ile \u00e7e\u015fitlendirerek s\u00fcrd\u00fcr\u00fclebilir bir b\u00fcy\u00fcme modeli uygulamaktad\u0131r.<\/p>\n<h3>4.2. Kar Da\u011f\u0131t\u0131m Politikas\u0131<\/h3>\n<p>\u015eirket, T\u00fcrk Ticaret Kanunu ve Sermaye Piyasas\u0131 Mevzuat\u0131na uygun bir k\u00e2r da\u011f\u0131t\u0131m politikas\u0131 benimsemi\u015ftir. 2024 y\u0131l\u0131 i\u00e7in k\u00e2r da\u011f\u0131t\u0131m\u0131 yap\u0131lmam\u0131\u015ft\u0131r; gelecek d\u00f6nemler i\u00e7in genel kurul yetkilidir.<\/p>\n<h3>4.3. S\u00fcrd\u00fcr\u00fclebilirlik<\/h3>\n<p>SPK&#8217;n\u0131n &#8220;S\u00fcrd\u00fcr\u00fclebilirlik \u0130lkeleri Uyum \u00c7er\u00e7evesi&#8221; kapsam\u0131nda &#8220;uy ya da a\u00e7\u0131kla&#8221; prensibine g\u00f6re hareket edilmektedir. Gelecek d\u00f6nemlerde bu alandaki \u00e7al\u0131\u015fmalar\u0131n art\u0131r\u0131lmas\u0131 ve raporlanmas\u0131 hedeflenmektedir.<\/p>\n<h3>4.4. Hukuki Durum<\/h3>\n<p>\u015eirket aleyhine a\u00e7\u0131lm\u0131\u015f, mali durumu veya faaliyetleri \u00f6nemli \u00f6l\u00e7\u00fcde etkileyebilecek nitelikte bir dava bulunmamaktad\u0131r. Ayr\u0131ca y\u00f6netim organ\u0131 \u00fcyeleri hakk\u0131nda herhangi bir adli veya idari yapt\u0131r\u0131m uygulanmam\u0131\u015ft\u0131r.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"1637\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Pasifik Holding, 2025 y\u0131l\u0131 finansal sonu\u00e7lar\u0131n\u0131 a\u00e7\u0131klayarak s\u00fcrd\u00fcr\u00fclebilir b\u00fcy\u00fcme yolculu\u011funda \u00f6nemli bir d\u00f6n\u00fcm noktas\u0131n\u0131 geride b\u0131rakt\u0131. Y\u0131l\u0131 4,5 milyar TL\u2019yi a\u015fan net k\u00e2r ve 7,5 milyar TL\u2019ye yakla\u015fan has\u0131lat ile kapatan holding, \u00f6zkaynaklar\u0131n\u0131 39,7 milyar TL seviyesine ta\u015f\u0131d\u0131.<br \/>\nGayrimenkulden teknolojiye, enerjiden lojisti\u011fe kadar geni\u015f bir yelpazede faaliyet g\u00f6steren Pasifik Holding, 2025 y\u0131l\u0131nda sermayesini 20 milyar TL\u2019ye \u00e7\u0131kararak finansal yap\u0131s\u0131n\u0131 daha da sa\u011flamla\u015ft\u0131rd\u0131. \u00d6zellikle Pasifik Teknoloji ve Pasifik Eurasia gibi i\u015ftiraklerin g\u00fc\u00e7l\u00fc performans\u0131yla dikkat \u00e7eken grup, gelece\u011fin sekt\u00f6rlerine yapt\u0131\u011f\u0131 yat\u0131r\u0131mlarla T\u00fcrkiye\u2019nin dinamik yat\u0131r\u0131m gruplar\u0131ndan biri olma konumunu peki\u015ftirdi. \u015eirketin borsa performans\u0131 ve stratejik sekt\u00f6rlerdeki geni\u015flemesi hakk\u0131nda t\u00fcm detaylar yeni analizimizde.<\/p>\n","protected":false},"author":11,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[284],"class_list":["post-1637","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-pahol"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=1637"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1637\/revisions"}],"predecessor-version":[{"id":1639,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1637\/revisions\/1639"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=1637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=1637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=1637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}