Overit Turkey
Kordsa Teknik Tekstil A.Ş.

Kordsa Teknik Tekstil A.Ş.

ActiveKORDSA.Ş.

Kocaeli · Registered 1973

Overview

Registered seat

Kocaeli

Website

kordsa.com

Registered

August 17, 1973

Paid-in capital

₺195m

Financial statements

Consolidated and standalone statements are shown separately and are never compared with one another.

Revenue₺7.89bn+74% Change
2016201720182019202020212022202320242025
Net profit / loss₺-1.49bn−74.3% Change
2016201720182019202020212022202320242025
Total assets₺50.3bn+14.8% Change
2016201720182019202020212022202320242025
Equity₺21.4bn+24.4% Change
2016201720182019202020212022202320242025
Year2025December 31, 20252024*December 31, 20242023December 31, 20232022*December 31, 20222021December 31, 20212020*December 31, 2020
Revenue————₺7.89bn₺4.54bn
Gross profit————₺1.73bn₺803m
Operating profit————₺1.33bn₺384m
EBITDA————₺1.68bn₺669m
Profit before tax————₺944m₺180m
Net profit / loss₺-1.49bn₺-856m₺394m₺1.51bn₺856m₺150m
Cash and cash equivalents₺6.52bn₺4.22bn₺1.71bn₺799m₺195m₺450m
Current assets₺20.8bn₺18.6bn₺14.7bn₺11.1bn₺6.19bn₺2.89bn
Non-current assets₺29.5bn₺25.2bn₺20.2bn₺12.4bn₺7.83bn₺4.72bn
Total assets₺50.3bn₺43.8bn₺35.0bn₺23.6bn₺14.0bn₺7.60bn
Equity₺21.4bn₺17.2bn₺16.1bn₺10.0bn₺6.48bn₺3.28bn
Current liabilities₺15.4bn₺19.3bn₺11.9bn₺8.50bn₺5.51bn₺2.54bn
Non-current liabilities₺13.5bn₺7.30bn₺7.06bn₺5.04bn₺2.01bn₺1.79bn
Total liabilities₺28.9bn₺26.6bn₺18.9bn₺13.5bn₺7.53bn₺4.33bn
Cash flow from operating activities₺5.95bn₺1.83bn₺3.21bn₺928m₺486m₺902m

* Read from a later filing's comparative column. Reporting standard: TFRS. Presentation unit: TL.

Management

  • BURAK TURGUT ORHUNYönetim Kurulu Başkanı
  • ERGUN HEPVARGenel Müdür - İcra Kurulu Başkanı
  • MEHMET MESUT ADAYönetim Kurulu ÜyesiIndependent
  • TOLGA KAAN DOĞANCIOĞLUYönetim Kurulu Üyesi
  • UMUT ZENARYönetim Kurulu Üyesi
  • ŞERİFE EBRU DOĞRUOL AYGİLYönetim Kurulu ÜyesiIndependent
  • DENİZ KORKMAZGlobal Operasyonlar Genel Müdür Yardımcısı, Kompozit
  • DOĞAN SEVİMGenel Müdür Yardımcısı, Global Satış ve Pazarlama
  • MÜGE ARİFOĞLU YENMEZGenel Müdür Yardımcısı, Teknoloji & Bölge Genel Müdürü, Kompozit Avrupa, Orta Doğu ve Afrika (EMEA)
  • NESLİHAN EROĞLUGenel Müdür Yardımcısı, İnsan Kaynakları
  • ÖMÜR MENTEŞGlobal Operasyonlar Genel Müdür Yardımcısı, Lastik
  • ŞERMİN MUTLUGenel Müdür Yardımcısı, Finans
  • NUSRET ORHUN KÖSTEMYönetim Kurulu Başkan Vekili

Share classes

GroupRegistered / bearerShare (%)Nominal valuePrivilegeTraded
-Registered100%₺195mNoneListed

A privileged group can carry rights — such as nominating board members — regardless of how small its share of capital is. A percentage of capital alone therefore does not show control.

Subsidiaries and participations

CompanyScopeShare (%)Nominal holding
Axiom Materials Inc. (Amerika Birleşik Devletleri)Subsidiary100%$74.2m
Fabric Development, Inc. (Amerika Birleşik Devletleri)Subsidiary100%$1.21m
Kordsa Advanced Materials Gmbh (Almanya)Subsidiary100%€25,000
Kordsa Advanced Materials Inc. (Amerika Birleşik Devletleri)Subsidiary100%$74.2m
Kordsa Inc. (Amerika Birleşik Devletleri)Subsidiary100%$274m
Microtex Composites S.r.l. (İtalya)Subsidiary100%€200,000
Textile Products, Inc. (Amerika Birleşik Devletleri)Subsidiary100%$150,000
Kordsa Brasil S.A. (Brezilya)Subsidiary97.31%BRL203m
Thai Indo Kordsa Co. Ltd. (Tayland)Subsidiary64.19%THB366m
PT Indo Kordsa Tbk (Endonezya)Subsidiary61.59%IDR139bn
Nile Kordsa Company SAE (Mısır)Subsidiary51%EGP24.4m

Disclosures