Headline: Özata Shipyard Completes Comprehensive Repair and Maintenance for International Client

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Headline: Özata Shipyard Completes Comprehensive Repair and Maintenance for International Client

Özata Denizcilik has completed the repair, maintenance, and overhaul of a vessel under a contract with a foreign company. According to the company's disclosure, they signed a Ship Repair, Maintenance, and Overhaul contract on September 9, 2024, totaling USD 3,300,000 (approximately TRY 102,086,400, based on the Central Bank of Turkey's selling rate on September 9, 2024). Necessary updates regarding developments and outcomes related to the contract were promised.

As of the date of this announcement, the vessel's repair, maintenance, and overhaul have been successfully completed, and the vessel has been delivered to the client. Due to additional requests from the client, the final amount reached USD 3,400,000 (Three Million Four Hundred Thousand US Dollars, approximately TRY 116,207,920, based on the Central Bank of Turkey's buying rate on October 21, 2024). The ratio to the company's 2023 revenue is approximately 5.03%.