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Alarko Holding A.S. (Turkiye)

Main Activities: Management of Companies and Enterprises
Full name: Alarko Holding Anonim Sirketi Profile Updated: March 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Alarko Holding Anonim Sirketi is a company located in Istanbul, Turkey. It was founded in 1954 by İshak Alaton and Üzeyir Garih as a collective company and later became a holding company in 1973. In 1974, it opened to the public. With a history of over 65 years, Alarko Holding is now one of the leading industrial establishments in Turkey. Alarko Holding operates in six different fields of activity and has a total of 26 establishments, including international foreign partnerships. The company has approximately 7,000 employees and a combined turnover of around 25.7 billion TL as of the end of 2021. The company is known for its leading brands, experience, and knowledge in various fields. It has made high-tech R&D investments, has a strong production capacity, a national sales network, and aims for global competition. Alarko Holding is considered one of the strongest companies in the Turkish economy. Alarko Holding has a Contracting Group that successfully implements turn-key projects both domestically and internationally. The Energy Group focuses on energy production, energy distribution, and energy trading. It also operates Turkey's first photovoltaic solar power plant. The Industry and Trade Group of Alarko Holding specializes in heating, ventilation, air conditioning, and pump production. It has a strategic partnership with the American company Carrier, a leading company in air conditioning. The Tourism Group of Alarko Holding represents the rapidly growing leisure sector in Turkey. It operates businesses such as Hillside Beach Club, Hillside City Club, Cinecity Cinemas, and Sanda Spa. The Land Development Group of Alarko Holding has developed prestigious projects, including the creation of Alkent, one of the most prestigious brands of the 2000s. Alarko Holding continues to contribute to Turkey's development with its global-scale projects in all its fields of activity.

Headquarters
Muallim Naci Street. No: 69, Ortakoy
Istanbul; Marmara; Postal Code: 34347

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Website: http://www.alarko.com.tr/en/homepage

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 16, 1972
Key Executives
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Chairman
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Chief Executive Officer
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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34.36%
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32.92%
Subsidiaries
Alarko Carrier Sanayi ve Ticaret A.S.
42.03%
Alarko GYO A.S.
16.42%
Aktau Manasha Yol Projesi (Kazakistan) (Kazakhstan)
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
19.72%
Total operating revenue
119.03%
Operating profit (EBIT)
498.09%
EBITDA
473%
Net Profit (Loss) for the Period
19.8%
Total assets
113.59%
Total equity
103.77%
Operating Profit Margin (ROS)
84.94%
Net Profit Margin
0.1%
Return on Equity (ROE)
-25.76%
Debt to Equity Ratio
3.17%
Quick Ratio
0.11%
Cash Ratio
-0.35%

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