{"id":1849,"date":"2026-03-12T15:30:57","date_gmt":"2026-03-12T12:30:57","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=1849"},"modified":"2026-03-12T18:10:22","modified_gmt":"2026-03-12T15:10:22","slug":"mzhld-faaliyet-raporu-analizi-202512-mazhar-zorlu-holding-as","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/1849","title":{"rendered":"\ud83d\udd34 MZHLD Faaliyet Raporu Analizi 2025\/12 | Mazhar Zorlu Holding AS"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34 MZHLD Faaliyet Raporu Analizi 2025\/12 | Basmane \u00c7ukuruna Zincirlenmi\u015f Mazhar Zorlu Holding\" width=\"858\" height=\"644\" src=\"https:\/\/www.youtube.com\/embed\/Mjl1q5zazXI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>Borulardan Gelece\u011fe: Mazhar Zorlu Holding\u2019in 2025 Faaliyet Raporundan \u00c7\u0131kar\u0131lacak 5 \u015ea\u015f\u0131rt\u0131c\u0131 Ders<\/h1>\n<h3>G\u0130R\u0130\u015e: 67 Y\u0131ll\u0131k Bir Miras Modern D\u00fcnya ile Nas\u0131l Bulu\u015fur?<\/h3>\n<p>1959 y\u0131l\u0131nda \u0130zmir\u2019de temelleri at\u0131lan bir sanayi giri\u015fimi, bug\u00fcn sadece plastik boru \u00fcreten fabrikalar b\u00fct\u00fcn\u00fc olman\u0131n \u00e7ok \u00f6tesine ge\u00e7mi\u015f durumda. Geleneksel sanayinin &#8220;\u00fcret ve sat&#8221; modelinin miad\u0131n\u0131 doldurdu\u011fu bir \u00e7a\u011fda, 67 y\u0131ll\u0131k k\u00f6kl\u00fc bir ge\u00e7mi\u015fe sahip olan Mazhar Zorlu Holding, teknoloji ve sosyal sorumlulu\u011fu merkezine alan bir ekosisteme d\u00f6n\u00fc\u015ferek modern i\u015f d\u00fcnyas\u0131na dersler veriyor.<\/p>\n<p>&#8220;Geleneksel sanayi bitti mi?&#8221; sorusunun s\u0131k\u00e7a soruldu\u011fu g\u00fcn\u00fcm\u00fczde, Holding&#8217;in 2025 y\u0131l\u0131 faaliyet raporu sanayinin \u00f6lmedi\u011fini, aksine dijitalle\u015fme ve toplumsal de\u011ferlerle nas\u0131l yeniden do\u011fabilece\u011fini kan\u0131tl\u0131yor. Peki, bir boru \u00fcreticisi neden Robot Olimpiyatlar\u0131&#8217;nda boy g\u00f6sterir ya da dijital tar\u0131m uygulamalar\u0131na yat\u0131r\u0131m yapar?<\/p>\n<p>\u0130\u015fte Mazhar Zorlu Holding&#8217;in y\u0131ll\u0131k raporundan, &#8220;gelenekselden teknolojiye&#8221; ge\u00e7i\u015fin kodlar\u0131n\u0131 \u00e7\u00f6zen 5 stratejik ders.<\/p>\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<h3>LESSON 1: Cinsiyet E\u015fitli\u011fi Sadece Etik De\u011fil, Bir Risk Y\u00f6netimi Gereklili\u011fidir<\/h3>\n<p>Modern kurumsal y\u00f6netimde toplumsal de\u011ferler art\u0131k bir &#8220;iyilik projesi&#8221; de\u011fil, s\u00fcrd\u00fcr\u00fclebilirli\u011fin temel yap\u0131 ta\u015f\u0131d\u0131r. Mazhar Zorlu Holding, bu d\u00f6n\u00fc\u015f\u00fcm\u00fc kurumsal anayasas\u0131na entegre etmi\u015f durumda. Birle\u015fmi\u015f Milletler Kalk\u0131nma Program\u0131 (UNDP) ile y\u00fcr\u00fct\u00fclen i\u015f birli\u011fi sonucunda olu\u015fturulan &#8220;Toplumsal Cinsiyet E\u015fitli\u011fine Duyarl\u0131 \u0130\u015fyeri Davran\u0131\u015f Kurallar\u0131&#8221;, \u015firketin y\u00f6netim felsefesini simgeliyor.<\/p>\n<p>Y\u00f6netim Kurulu Ba\u015fkan\u0131 ve Murahhas Aza Sibel Sinem Zorlu\u2019nun liderli\u011finde, y\u00f6netim kurulunda kad\u0131n \u00fcye oran\u0131 i\u00e7in %25\u2019lik bir hedef belirlenmesi, Holding&#8217;in &#8220;Adillik, \u015eeffafl\u0131k, Sorumluluk ve Hesap Verebilirlik&#8221; olarak tan\u0131mlad\u0131\u011f\u0131 Kurumsal Y\u00f6netim \u0130lkeleri\u2019nin bir yans\u0131mas\u0131d\u0131r. Uzman bir g\u00f6zle bak\u0131ld\u0131\u011f\u0131nda, bu yakla\u015f\u0131m sadece bir sosyal jest de\u011fil; karar alma s\u00fcre\u00e7lerinde \u00e7e\u015fitlili\u011fi sa\u011flayarak kurumsal riskleri minimize eden stratejik bir hamledir.<\/p>\n<p>&#8220;Plastik sekt\u00f6r\u00fcn\u00fcn ismiyle sayg\u0131n, teknolojisiyle \u00f6nc\u00fc, kalitesiyle se\u00e7kin ve g\u00fcvenilir kurulu\u015fu olan firmam\u0131z\u0131n; hizmet, \u00fcr\u00fcn ve sistem kalitesini s\u00fcrekli geli\u015ftirip sekt\u00f6r\u00fcn\u00fcn kal\u0131c\u0131 ve lider markas\u0131 olmas\u0131.&#8221;<\/p>\n<p>Bu vizyon, 67 y\u0131ll\u0131k g\u00fcven miras\u0131n\u0131 modern y\u00f6neti\u015fim standartlar\u0131yla harmanlayarak \u015firketin &#8220;itibar sermayesini&#8221; koruma alt\u0131na almaktad\u0131r.<\/p>\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<h3>LESSON 2: E\u011fitim K\u00f6pr\u00fcs\u00fc &#8211; Robot Olimpiyatlar\u0131ndan Sanayi 4.0\u2019a<\/h3>\n<p>Bir sanayicinin ger\u00e7ek sermayesi makineler de\u011fil, o makineleri y\u00f6netecek nitelikli insan kayna\u011f\u0131d\u0131r. 1998 y\u0131l\u0131nda kurulan Mazhar Zorlu Mesleki ve Teknik Anadolu Lisesi, bug\u00fcn sadece bir e\u011fitim kurumu de\u011fil, plastik sekt\u00f6r\u00fcn\u00fcn teknolojik &#8220;know-how&#8221; merkezi olarak i\u015flev g\u00f6r\u00fcyor.<\/p>\n<ul>\n<li><b>K\u00fcresel Ba\u015far\u0131:<\/b> Okulun robot tak\u0131m\u0131, D\u00fcnya Robot Olimpiyatlar\u0131&#8217;nda T\u00fcrkiye&#8217;yi Hindistan ve Macaristan gibi sahnelerde temsil ederken; Teknofest&#8217;te 2023&#8217;te 84, 2024&#8217;te ise 53 proje ile teknoloji \u00fcretimindeki s\u00fcreklili\u011fini kan\u0131tlam\u0131\u015ft\u0131r.<\/li>\n<li><b>SPREAD Projesi ve \u00d6l\u00e7ek Ekonomisi:<\/b> Japon H\u00fck\u00fcmeti ile yap\u0131lan teknik i\u015f birli\u011fi kapsam\u0131ndaki SPREAD projesi, bu e\u011fitim modelini T\u00fcrkiye&#8217;nin sanayisi yo\u011fun 20 ilindeki 20 teknik e\u011fitim okuluna yayarak ulusal bir etki yaratm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>T\u00fcrkiye&#8217;nin ilk End\u00fcstri 4.0 laboratuvar\u0131na sahip olan bu okul, bir &#8220;\u00d6\u011fretmen E\u011fitim Merkezi&#8221; gibi \u00e7al\u0131\u015farak sanayicinin kendi nitelikli i\u015f g\u00fcc\u00fcn\u00fc yeti\u015ftirmesinin en somut \u00f6rne\u011fini sunmaktad\u0131r.<\/p>\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<h3>LESSON 3: &#8220;Ye\u015fil&#8221; Plastik ve Dijital Verimlilik: TSRS Uyum S\u00fcreci<\/h3>\n<p>Plastik sekt\u00f6r\u00fcn\u00fcn \u00e7evresel alg\u0131s\u0131n\u0131 de\u011fi\u015ftirmek, ancak somut veriler ve \u015feffaf raporlama ile m\u00fcmk\u00fcnd\u00fcr. Mazhar Zorlu Holding, 31.10.2025 tarihinde yay\u0131mlad\u0131\u011f\u0131 T\u00fcrkiye S\u00fcrd\u00fcr\u00fclebilirlik Raporlama Standartlar\u0131 (TSRS) uyumlu raporuyla bu \u015feffafl\u0131\u011f\u0131 yasal bir taahh\u00fcde d\u00f6n\u00fc\u015ft\u00fcrm\u00fc\u015ft\u00fcr.<\/p>\n<p>S\u00fcrd\u00fcr\u00fclebilirlik ve operasyonel verimlilik aras\u0131ndaki ba\u011f, \u015fu kritik ad\u0131mlarla kurulmaktad\u0131r:<\/p>\n<ul>\n<li><b>Kur\u015funsuz \u00dcretim:<\/b> T\u00fcrkiye\u2019de 1000 mm \u00e7apl\u0131 ilk kur\u015funsuz bas\u0131n\u00e7l\u0131 boru \u00fcretimini ger\u00e7ekle\u015ftiren &#8220;ilk&#8221;lerin miras\u0131n\u0131 devam ettirmek.<\/li>\n<li><b>Dijital Takip (Yenilenen Yaz\u0131l\u0131m):<\/b> \u0130\u015f s\u00fcre\u00e7lerini &#8220;Yenilenen Yaz\u0131l\u0131m&#8221; ile modernize ederek raporlamalar\u0131n tam, zaman\u0131nda ve TSRS standartlar\u0131nda olu\u015fturulmas\u0131.<\/li>\n<li><b>Ar-Ge Merkezi Giri\u015fimleri:<\/b> Enerji tasarrufu ve do\u011fay\u0131 daha az kirleten teknolojilerin se\u00e7imi i\u00e7in Ar-Ge merkezli bir verimlilik modeline ge\u00e7i\u015f.<\/li>\n<li><b>Kaynak Y\u00f6netimi:<\/b> ISO 14001 standartlar\u0131 \u0131\u015f\u0131\u011f\u0131nda enerji, su ve at\u0131k y\u00f6netiminin dijital olarak izlenmesi.<\/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<h3>LESSON 4: Borulardan Pixellere: Y\u00fcksek Katma De\u011ferli \u0130novasyon<\/h3>\n<p>Mazhar Zorlu Holding, plastik \u00fcretimini bir &#8220;emtia&#8221; i\u015fi olmaktan \u00e7\u0131kar\u0131p &#8220;teknoloji&#8221; i\u015fine d\u00f6n\u00fc\u015ft\u00fcr\u00fcyor. Holding\u2019in lokomotif \u015firketi <b>Egeplast<\/b>, y\u0131ll\u0131k 85.000 ton kapasitesiyle sadece hacme de\u011fil, y\u00fcksek teknolojiye odaklan\u0131yor.<\/p>\n<p>AR-GE grubunun odakland\u0131\u011f\u0131 &#8220;Dijital Tar\u0131m Uygulamalar\u0131&#8221;, gelece\u011fin g\u0131da g\u00fcvenli\u011fi ve ekosistem verimlili\u011fi i\u00e7in stratejik bir hamledir. \u00dcr\u00fcn gam\u0131ndaki \u015fu yenilikler, \u015firketin teknolojik derinli\u011fini g\u00f6stermektedir:<\/p>\n<ul>\n<li><b>EVOH Kaplamal\u0131 Pe-Rt Borular:<\/b> Oksijen ge\u00e7irmezli\u011fi sa\u011flayan ileri malzeme teknolojisi.<\/li>\n<li><b>3 Katmanl\u0131 Ege Sleep Sessiz Boru:<\/b> Konut konforunda standartlar\u0131 belirleyen, ses yal\u0131t\u0131m\u0131 y\u00fcksek m\u00fchendislik harikas\u0131.<\/li>\n<li><b>Kompozit \u00c7\u00f6z\u00fcmler:<\/b> Global uygulamalar\u0131 yerelle\u015ftiren yeni nesil malzeme \u00e7al\u0131\u015fmalar\u0131.<\/li>\n<\/ul>\n<p>Bu y\u00fcksek katma de\u011ferli \u00fcr\u00fcnler, \u015firketin sadece pazar pay\u0131n\u0131 de\u011fil, ayn\u0131 zamanda finansal dayan\u0131kl\u0131l\u0131\u011f\u0131n\u0131 da tahkim etmektedir.<\/p>\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<h3>LESSON 5: Finansal D\u00f6n\u00fc\u015f\u00fcm &#8211; Operasyonel Verimlili\u011fin G\u00fcc\u00fc<\/h3>\n<p>2024 ve 2025 verileri kar\u015f\u0131la\u015ft\u0131r\u0131ld\u0131\u011f\u0131nda ortaya \u00e7\u0131kan tablo, stratejik d\u00f6n\u00fc\u015f\u00fcm\u00fcn finansal sonu\u00e7lar\u0131n\u0131 net bir \u015fekilde \u00f6zetlemektedir. EBITDA (FAV\u00d6K) rakamlar\u0131ndaki dramatik iyile\u015fme, Takeaway 4\u2019te bahsetti\u011fimiz y\u00fcksek katma de\u011ferli \u00fcr\u00fcn odakl\u0131 stratejinin ve operasyonel verimlili\u011fin do\u011frudan bir sonucudur.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Finansal Kalem<\/td>\n<td>01.01 &#8211; 31.12.2024<\/td>\n<td>01.01 &#8211; 31.12.2025<\/td>\n<td>De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td><b>Net Sat\u0131\u015flar (TL)<\/b><\/td>\n<td>2.032.179.065<\/td>\n<td>2.246.195.610<\/td>\n<td>+%10,5<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct Kar Marj\u0131<\/b><\/td>\n<td>%5,1<\/td>\n<td>%15,4<\/td>\n<td>+%201<\/td>\n<\/tr>\n<tr>\n<td><b>EBITDA (TL)<\/b><\/td>\n<td>-156.390.278<\/td>\n<td>38.331.658<\/td>\n<td>Pozitif D\u00f6n\u00fc\u015f<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Analiz:<\/b> Cirodaki %10,5&#8217;lik organik b\u00fcy\u00fcmeye ra\u011fmen, br\u00fct kar marj\u0131n\u0131n \u00fc\u00e7 kat\u0131na \u00e7\u0131kmas\u0131 ve EBITDA\u2019n\u0131n negatif b\u00f6lgeden pozitif 38,3 milyon TL seviyesine s\u0131\u00e7ramas\u0131, Holding&#8217;in &#8220;d\u00fc\u015f\u00fck marjl\u0131 emtia&#8221; yerine &#8220;y\u00fcksek marjl\u0131 teknolojik \u00fcr\u00fcnlere&#8221; (EVOH, 3 katmanl\u0131 sessiz borular) y\u00f6neldi\u011finin finansal kan\u0131t\u0131d\u0131r.<\/p>\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<h3>SONU\u00c7: Gelece\u011fin Sanayicisi Nas\u0131l Olmal\u0131?<\/h3>\n<p>Mazhar Zorlu Holding&#8217;in 2025 faaliyet raporu, bir sanayi devinin 1959&#8217;dan gelen miras\u0131n\u0131 nas\u0131l bir &#8220;gelecek vizyonuna&#8221; tahvil etti\u011fini g\u00f6steriyor. Sanayide ba\u015far\u0131 art\u0131k sadece ka\u00e7 ton \u00fcretim yapt\u0131\u011f\u0131n\u0131zla de\u011fil; robot olimpiyatlar\u0131nda ka\u00e7 gencin elinden tuttu\u011funuz, y\u00f6netim kurulunda ne kadar kapsay\u0131c\u0131 oldu\u011funuz ve dijital tar\u0131mla d\u00fcnyaya nas\u0131l bir katk\u0131 sundu\u011funuzla \u00f6l\u00e7\u00fcl\u00fcyor.<\/p>\n<p>Ge\u00e7mi\u015fin tecr\u00fcbesini gelece\u011fin teknolojisiyle birle\u015ftiren bu model, T\u00fcrk sanayisi i\u00e7in bir kutup y\u0131ld\u0131z\u0131 niteli\u011finde. Nihai soru \u015fu: Bir sanayi kurulu\u015fu sadece \u00fcretti\u011fi \u00fcr\u00fcnlerle mi, yoksa dokundu\u011fu hayatlar ve korudu\u011fu \u00e7evreyle mi d\u00fcnya devi olur?<\/p>\n<p><b>Cevap, 67 y\u0131ll\u0131k bir miras\u0131n teknolojiyle yeniden yaz\u0131lan bu ba\u015far\u0131 \u00f6yk\u00fcs\u00fcnde gizli.<\/b><\/p>\n<p>&nbsp;<\/p>\n<h1>Mazhar Zorlu Holding 2025 Y\u0131l\u0131 Konsolide Faaliyet Raporu Bilgilendirme Belgesi<\/h1>\n<p>Bu belge, Mazhar Zorlu Holding A.\u015e.&#8217;nin (&#8220;\u015eirket&#8221; veya &#8220;Grup&#8221;) 01.01.2025 \u2013 31.12.2025 hesap d\u00f6nemine ait konsolide faaliyet raporu ve ba\u011f\u0131ms\u0131z denet\u00e7i raporundan sentezlenen kritik verileri, kurumsal geli\u015fmeleri ve stratejik analizleri sunmaktad\u0131r.<\/p>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Mazhar Zorlu Holding, 2025 mali y\u0131l\u0131nda operasyonel b\u00fcy\u00fcme ve kurumsal d\u00f6n\u00fc\u015f\u00fcm odakl\u0131 bir performans sergilemi\u015ftir. \u015eirket, y\u0131l\u0131 yakla\u015f\u0131k <b>2,25 milyar TL<\/b> net sat\u0131\u015f has\u0131lat\u0131 ile kapatarak bir \u00f6nceki y\u0131la g\u00f6re cirosunu art\u0131rm\u0131\u015ft\u0131r. Ancak, d\u00f6nem sonunda <b>184,8 milyon TL<\/b> konsolide net zarar kaydedilmi\u015ftir. \u015eirketin lokomotif i\u015ftiraki olan Egeplast A.\u015e., kapasite art\u0131r\u0131m\u0131 ve finansal yap\u0131n\u0131n g\u00fc\u00e7lendirilmesi amac\u0131yla %150 oran\u0131nda bedelli sermaye art\u0131r\u0131m s\u00fcrecini ba\u015flatm\u0131\u015ft\u0131r.<\/p>\n<p>Ba\u011f\u0131ms\u0131z denetim raporu, baz\u0131 ba\u011fl\u0131 menkul k\u0131ymetlerin de\u011ferlemesi ve G\u00fc\u00e7birli\u011fi Holding A.\u015e. ile Ege S\u00f6kteks Tekstil Sanayi ve Ticaret A.\u015e.&#8217;den olan alacaklar\u0131n geri kazan\u0131labilirli\u011fi hususundaki belirsizlikler nedeniyle &#8220;S\u0131n\u0131rl\u0131 Olumlu G\u00f6r\u00fc\u015f&#8221; (\u015eartl\u0131 G\u00f6r\u00fc\u015f) ile sunulmu\u015ftur. \u015eirket, 2025 y\u0131l\u0131nda s\u00fcrd\u00fcr\u00fclebilirlik raporlamas\u0131 (TSRS uyumu), toplumsal cinsiyet e\u015fitli\u011fi ve mesleki e\u011fitim projeleriyle kurumsal sosyal sorumluluk alan\u0131ndaki \u00f6nc\u00fc konumunu peki\u015ftirmi\u015ftir.<\/p>\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 Profil ve Tarih\u00e7e<\/h2>\n<p>1950&#8217;li y\u0131llarda Mazhar Zorlu taraf\u0131ndan temelleri at\u0131lan Grup, plastik sanayiinde T\u00fcrkiye&#8217;nin en k\u00f6kl\u00fc kurulu\u015flar\u0131ndan biridir.<\/p>\n<ul>\n<li><b>Ana Faaliyet Konusu:<\/b> \u0130dare merkezi (holding) faaliyetleri.<\/li>\n<li><b>Temel \u0130\u015ftirakler:<\/b>\n<ul>\n<li><b>Egeplast A.\u015e.:<\/b> \u0130zmir Atat\u00fcrk Organize Sanayi B\u00f6lgesi&#8217;nde 80.000 m\u00b2 a\u00e7\u0131k alanda \u00fcretim yapmakta olup, 5.000 civar\u0131nda \u00fcr\u00fcn \u00e7e\u015fitlili\u011fine sahiptir.<\/li>\n<li><b>Ege Y\u0131ld\u0131z A.\u015e.:<\/b> Yurti\u00e7i sat\u0131\u015f ve pazarlama faaliyetlerini 5 b\u00f6lge m\u00fcd\u00fcrl\u00fc\u011f\u00fc ve yakla\u015f\u0131k 2000 bayi ile y\u00fcr\u00fctmektedir.<\/li>\n<\/ul>\n<\/li>\n<li><b>Tarihsel D\u00f6n\u00fcm Noktalar\u0131:<\/b>\n<ul>\n<li>1959: Ege Y\u0131ld\u0131z \u015firketinin kurulu\u015fu.<\/li>\n<li>1973: Egeplast \u015firketinin kurulu\u015fu.<\/li>\n<li>1997: Mazhar Zorlu Holding A.\u015e.&#8217;nin halka arz\u0131.<\/li>\n<li>2024: PVC sessiz yanmaya dayan\u0131kl\u0131 boru ve ek par\u00e7alar\u0131n\u0131n \u00fcretimi.<\/li>\n<\/ul>\n<\/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. Finansal Performans ve Operasyonel Veriler<\/h2>\n<p>2025 y\u0131l\u0131 finansal sonu\u00e7lar\u0131, br\u00fct kar marj\u0131nda \u00f6nemli bir iyile\u015fme g\u00f6stermekle birlikte net k\u00e2rl\u0131l\u0131k \u00fczerindeki bask\u0131n\u0131n devam etti\u011fini ortaya koymaktad\u0131r.<\/p>\n<h3>Temel Finansal G\u00f6stergeler (Konsolide)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>G\u00f6sterge<\/td>\n<td>2025 (TL)<\/td>\n<td>2024 (TL)<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td><b>Net Sat\u0131\u015flar (Ciro)<\/b><\/td>\n<td>2.246.195.610<\/td>\n<td>2.032.179.065<\/td>\n<td>+10,5%<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct Kar Marj\u0131<\/b><\/td>\n<td>%15,4<\/td>\n<td>%5,1<\/td>\n<td>+10,3 puan<\/td>\n<\/tr>\n<tr>\n<td><b>EBITDA (FAV\u00d6K)<\/b><\/td>\n<td>38.331.658<\/td>\n<td>(156.390.278)<\/td>\n<td>Pozitife Ge\u00e7i\u015f<\/td>\n<\/tr>\n<tr>\n<td><b>Net Kar \/ (Zarar)<\/b><\/td>\n<td>(184.833.220)<\/td>\n<td>(504.238.686)<\/td>\n<td>\u0130yile\u015fme<\/td>\n<\/tr>\n<tr>\n<td><b>Cari Oran<\/b><\/td>\n<td>0,603<\/td>\n<td>0,865<\/td>\n<td>-30,3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Sat\u0131\u015f Detaylar\u0131<\/h3>\n<ul>\n<li><b>Yurti\u00e7i Sat\u0131\u015flar:<\/b> 2.058.798.357 TL (Has\u0131lat\u0131n ana kayna\u011f\u0131).<\/li>\n<li><b>Yurtd\u0131\u015f\u0131 Sat\u0131\u015flar:<\/b> 410.586.022 TL (Ge\u00e7en y\u0131la g\u00f6re art\u0131\u015f g\u00f6stermi\u015ftir).<\/li>\n<\/ul>\n<h3>Yat\u0131r\u0131mlar<\/h3>\n<p>2025 y\u0131l\u0131 i\u00e7erisinde toplam <b>121.095.020,51 TL<\/b> tutar\u0131nda yat\u0131r\u0131m harcamas\u0131 ger\u00e7ekle\u015ftirilmi\u015ftir. Bu yat\u0131r\u0131mlar bina, makine, tesis ve cihaz al\u0131mlar\u0131na odaklanm\u0131\u015ft\u0131r. Egeplast A.\u015e., Adana B\u00f6lge M\u00fcd\u00fcrl\u00fc\u011f\u00fc binas\u0131n\u0131 19,5 milyon TL bedelle sat\u0131n alm\u0131\u015ft\u0131r.<\/p>\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. Ba\u011f\u0131ms\u0131z Denet\u00e7i Raporu ve Kritik Bulgular<\/h2>\n<p>Eren Ba\u011f\u0131ms\u0131z Denetim A.\u015e. taraf\u0131ndan haz\u0131rlanan raporda, finansal tablolar\u0131n d\u00fcr\u00fcstl\u00fc\u011f\u00fcn\u00fc etkileyebilecek \u00fc\u00e7 temel hususa dikkat \u00e7ekilmi\u015ftir:<\/p>\n<ol>\n<li><b>Ba\u011fl\u0131 Menkul K\u0131ymet De\u011ferlemesi:<\/b> Grup, baz\u0131 ba\u011fl\u0131 menkul k\u0131ymetlerin ve i\u015ftiraklerin net defter de\u011ferinin (31.12.2025 itibar\u0131yla 369.827.729 TL) de\u011fer d\u00fc\u015f\u00fckl\u00fc\u011f\u00fcne u\u011framad\u0131\u011f\u0131 kanaatindedir. Ancak denet\u00e7i, bu \u015firketlerin gayri faal olmas\u0131 ve ba\u011f\u0131ms\u0131z denetime tabi tutulmamas\u0131 nedeniyle yeterli de\u011ferlendirme yap\u0131lamad\u0131\u011f\u0131n\u0131 belirtmi\u015ftir.<\/li>\n<li><b>G\u00fc\u00e7birli\u011fi Holding Alacaklar\u0131:<\/b> Grubun G\u00fc\u00e7birli\u011fi Holding A.\u015e.&#8217;den olan toplam <b>162.628.358 TL<\/b> tutar\u0131ndaki alaca\u011f\u0131 i\u00e7in herhangi bir hukuki takip yap\u0131lmamakta ve kar\u015f\u0131l\u0131k ayr\u0131lmamaktad\u0131r. Alaca\u011f\u0131n tahsili, &#8220;Ege D\u00fcnya Ticaret Merkezi&#8221; projesinin tamamlanmas\u0131na ba\u011fl\u0131 bir s\u00fcre\u00e7tir.<\/li>\n<li><b>Ege S\u00f6kteks Alacaklar\u0131:<\/b> Ege S\u00f6kteks Tekstil Sanayi ve Ticaret A.\u015e.&#8217;den olan <b>33.630.828 TL<\/b> tutar\u0131ndaki alacak i\u00e7in yeterli ve uygun denetim kan\u0131t\u0131 elde edilememi\u015ftir.<\/li>\n<\/ol>\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 ve Stratejik \u0130nisiyatifler<\/h2>\n<h3>Y\u00f6netim Yap\u0131s\u0131 ve Komiteler<\/h3>\n<p>Y\u00f6netim Kurulu Ba\u015fkanl\u0131\u011f\u0131n\u0131 <b>Sibel Sinem Zorlu<\/b> y\u00fcr\u00fctmektedir. Kurumsal y\u00f6netim ilkelerine uyum \u00e7er\u00e7evesinde \u015fu komiteler aktiftir:<\/p>\n<ul>\n<li>Denetimden Sorumlu Komite.<\/li>\n<li>Kurumsal Y\u00f6netim ve Aday G\u00f6sterme \u00dccret Komitesi.<\/li>\n<li>Riskin Erken Saptanmas\u0131 Komitesi.<\/li>\n<\/ul>\n<h3>S\u00fcrd\u00fcr\u00fclebilirlik ve Sosyal Sorumluluk<\/h3>\n<ul>\n<li><b>TSRS Uyumu:<\/b> 2024 y\u0131l\u0131 S\u00fcrd\u00fcr\u00fclebilirlik Raporu 31.10.2025&#8217;te yay\u0131nlanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Toplumsal Cinsiyet E\u015fitli\u011fi:<\/b> UNDP ile yap\u0131lan \u00e7al\u0131\u015fmalar neticesinde &#8220;Toplumsal Cinsiyet E\u015fitli\u011fine Duyarl\u0131 \u0130\u015fyeri Davran\u0131\u015f Kurallar\u0131&#8221; yaz\u0131l\u0131 hale getirilmi\u015ftir.<\/li>\n<li><b>E\u011fitim Odakl\u0131l\u0131k:<\/b> Mazhar Zorlu Mesleki ve Teknik Anadolu Lisesi arac\u0131l\u0131\u011f\u0131yla plastik sekt\u00f6r\u00fcne nitelikli i\u015f g\u00fcc\u00fc kazand\u0131r\u0131lmaktad\u0131r. &#8220;Meslek Lisesi Ko\u00e7lar\u0131&#8221; program\u0131 ile \u00f6\u011frencilere kariyer rehberli\u011fi sunulmaktad\u0131r.<\/li>\n<\/ul>\n<h3>Ar-Ge Faaliyetleri<\/h3>\n<p>Grup, kur\u015funsuz boru \u00fcretimi ve sessiz boru sistemleri gibi yenilik\u00e7i projelere odaklanm\u0131\u015ft\u0131r. T\u00fcrkiye&#8217;de kur\u015fun katk\u0131s\u0131 olmayan ilk \u00fcr\u00fcn \u015firket laboratuvarlar\u0131nda ba\u015far\u0131yla test edilmi\u015ftir.<\/p>\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>5. \u00d6nemli \u0130dari ve Hukuki Geli\u015fmeler<\/h2>\n<ul>\n<li><b>Sermaye Art\u0131r\u0131m\u0131:<\/b> Egeplast A.\u015e., \u00e7\u0131kar\u0131lm\u0131\u015f sermayesini %150 oran\u0131nda bedelli art\u0131rarak <b>476.538.057,50 TL<\/b>&#8216;ye \u00e7\u0131karmaya karar vermi\u015ftir. Mazhar Zorlu Holding, bu art\u0131r\u0131ma 80,5 milyon TL ile i\u015ftirak edece\u011fini duyurmu\u015ftur.<\/li>\n<li><b>Yat\u0131r\u0131m Te\u015fvik Belgesi:<\/b> T.C. Sanayi ve Teknoloji Bakanl\u0131\u011f\u0131&#8217;ndan 25.08.2025 tarihli yat\u0131r\u0131m te\u015fvik belgesi al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>Kar Da\u011f\u0131t\u0131m\u0131:<\/b> 2024 y\u0131l\u0131 faaliyetlerinden elde edilen konsolide d\u00f6nem zarar\u0131 ve likidite durumu nedeniyle, 2025 y\u0131l\u0131nda kar da\u011f\u0131t\u0131m\u0131 yap\u0131lmamas\u0131na karar verilmi\u015ftir.<\/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>6. Risk Y\u00f6netimi ve Gelecek \u00d6ng\u00f6r\u00fcleri<\/h2>\n<p>\u015eirket, d\u00f6vizli banka borcu bulunmamas\u0131 sayesinde kur dalgalanmalar\u0131na kar\u015f\u0131 diren\u00e7li bir bilan\u00e7o yap\u0131s\u0131 sergilemektedir. Ancak faiz oranlar\u0131ndaki de\u011fi\u015fimler ve ithal girdi maliyetleri temel risk fakt\u00f6rleri olarak izlenmektedir.<\/p>\n<p><b>Kritik Not:<\/b> Grup, &#8220;Ege D\u00fcnya Ticaret Merkezi&#8221; projesinin \u00e7\u00f6z\u00fcm\u00fc i\u00e7in \u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi ve TMSF ile diyalog s\u00fcrecini s\u00fcrd\u00fcrmektedir. Bu projenin ak\u0131beti, Grubun finansal varl\u0131klar\u0131n\u0131n likidite kazanmas\u0131 a\u00e7\u0131s\u0131ndan stratejik \u00f6neme sahiptir.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"1849\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Mazhar Zorlu Holding 2025 Finansal Sonu\u00e7lar\u0131n\u0131 A\u00e7\u0131klad\u0131: Stratejik Yat\u0131r\u0131mlar ve Operasyonel \u0130yile\u015fme \u00d6n Planda<br \/>\nMazhar Zorlu Holding, 2025 y\u0131l\u0131 konsolide faaliyet raporuyla operasyonel verimlili\u011fini ve b\u00fcy\u00fcme odakl\u0131 vizyonunu payla\u015ft\u0131. Net sat\u0131\u015flar\u0131n\u0131 art\u0131ran ve FAV\u00d6K seviyesinde pozitife ge\u00e7en \u015firket, i\u015ftiraki Egeplast \u00fczerinden ger\u00e7ekle\u015ftirdi\u011fi sermaye art\u0131r\u0131m\u0131 ve 121 milyon TL&#8217;yi a\u015fan yeni yat\u0131r\u0131mlar\u0131yla dikkat \u00e7ekiyor. S\u00fcrd\u00fcr\u00fclebilirlik standartlar\u0131na uyum ve mesleki e\u011fitime verilen destekle g\u00fc\u00e7lenen Holdingin 2025 y\u0131l\u0131 finansal karnesindeki t\u00fcm detaylar ve gelecek hedefleri blog yaz\u0131m\u0131zda.<\/p>\n","protected":false},"author":3,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[300],"class_list":["post-1849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-mzhld"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1849","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=1849"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1849\/revisions"}],"predecessor-version":[{"id":1858,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1849\/revisions\/1858"}],"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=1849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=1849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=1849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}