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Altinyag A.S. (Turkiye)

Main Activities: Starch and Vegetable Fats and Oils Manufacturing
Secondary Activities: Oilseed and Grain Farming
Full name: Altinyag Madencilik ve Enerji Yatirimlari Sanayi ve Ticaret Anonim Sirketi Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Altinyag was established in 1962 to produce liquid vegetable oil. Later It focused on production of raw oil and halted the packed oil production for end-user and became supplier for its former competitors in cooking oil sector, while expanding its area of activity by offering products to the energy, chemistry and paint industries. The company has also started production of semi-refined vegetable oil for biodiesel fuel.
In the production plant located on over 31,000 sq.m area (15,000 sq.m covered area) in Izmir, the company continues producing raw vegetable oil, semi-refined and fully refined oil from oily vegetable seeds such as soya bean, sunflower, canola, linseed, flax-seed and corn seeds. It also manufactures feed for animal stock breeders under the Altinyem brand. The production capacity is about 350 tons of oily seed processing, according to the seed type and refining approximately 350 tons of vegetable oil according to product type. The company has private analysis laboratory and exports Its products to 40 countries.

Legal Address
Cinarli District, Ozan Abay Street, No:10, Ege Perla B Kule Floor: Apartment:123, Konak
Izmir; Aegean;

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Website: http://www.altinyag.com.tr

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:
August 09, 1962
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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36.36%
Subsidiaries
Altinyag Biodizel Petrol Urunleri Enerji Uretim A.S.
100%
Gurtas Tarim Enerji Yatirimlari San.Ve Tic.A.S.
100%
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
158.97%
Total operating revenue
73.61%
Operating profit (EBIT)
44.93%
EBITDA
39.97%
Net Profit (Loss) for the Period
18.86%
Total assets
32.3%
Total equity
35.68%
Operating Profit Margin (ROS)
-23.12%
Net Profit Margin
-106.96%
Return on Equity (ROE)
-3.35%
Quick Ratio
5.48%
Cash Ratio
6.08%

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