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Eti Bakir A.S. (Turkiye)

Main Activities: Copper, Nickel, Lead, and Zinc Mining
Full name: Eti Bakir Anonim Sirketi Profile Updated: March 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Eti Bakir Anonim Sirketi is a company located in Kastamonu, Turkey. It was incorporated in 2004 as part of the privatization process and became a subsidiary of Cengiz Holding. The company operates in the mining industry and specializes in deep drilling, reaching depths of over 100,000 meters. Eti Bakir A.S. has undergone significant investments and automation systems, increasing its annual production from 32,000 tons to 70,000 tons. The company has made a total investment of 635 million dollars in its facilities, resulting in the complete renovation of the Küre and Murgul mines. In 2017, Eti Bakir A.S. invested approximately 50 million dollars in research and development activities, including 1,000 meters of drilling and other technological advancements. The company is listed as the 254th largest industrial enterprise in Turkey according to the Istanbul Chamber of Industry's "Turkey's Top 500 Industrial Enterprises" list. Eti Bakir A.S. employs around 2,500 people directly and up to 10,000 people indirectly through its operations in Samsun, Küre, Murgul, Halıköy, and Espiye. The company's vision is to become a global brand by adding new achievements to its success in Turkey and expanding its projects abroad. Its mission is to ensure that the values of trust, quality, and service are fully integrated into all its activities.

Headquarters
Asikoy Mevkii Kure
Kastamonu; Black Sea; Postal Code: 37902

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

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
March 23, 1998
Key Executives
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Chairman
Company Performance
Financial values in the chart are available after Eti Bakir A.S. report is purchased.
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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
65.04%
Total operating revenue
65.04%
Operating profit (EBIT)
44.05%
Net Profit (Loss) for the Period
61.24%
Total assets
80.04%
Total equity
105.73%
Operating Profit Margin (ROS)
-7.33%
Net Profit Margin
-1.94%
Return on Equity (ROE)
-14.08%
Debt to Equity Ratio
-5.62%
Quick Ratio
3.13%

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