Incorporated as a marketing company in 1998, Hattat Tarım Makinaları A.Ş. achieved a consistent growth since the day of its incorporation. Deciding to engage with the manufacturing stage, the company concluded “Technical Cooperation” agreement with Tractorul UTB S.A, a long-established tractor company of Romania, in 2001. The tractors manufactured in Çerkezköy plants were presented for sale in the domestic market with the Universal brand as a result of fulfilling the necessary official documentation and technical transactions in 2002. 100% local tractor manufacturing works were initiated in 2006 by virtue of the experienced engineer staff taking into consideration the needs of the Turkish farmers. In 2007, the local tractors were presented to the appreciation of the Turkish farmers under "Hattat" brand. In 2009, 6 new models were added to the product range in addition to the Hattat A series which is manufactured locally at the modern manufacturing plants at Çerkezköy. Setting forth with the objective of offering a tractor suitable for the needs of each farmer, Hattat Tarım consummated its product range with 9 new models in 2011.
The vineyard-orchard and fruit agriculture is gradually gaining importance in our country with each passing day as is the case throughout the entire world. Recognizing this need, Hattat Tarım initiated studies for bringing the Ferrari brand, which is the world leader firm in professional orchard segment, to the Turkish farmers by means of Hattat Tarım distribution channels. The “Distributorship Agreement” was concluded in 2007 and the Ferrari brand was incorporated into Hattat Tarım family. Thor, Cobram and Vipar models designed on the basis of resilient maneuverability, high power output and maximum efficiency has become the most significant assistant of the farmers dealing with the vineyard-orchard cultivation.
Basic Information
Key Executives
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Chairman
Ownership Details
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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
116.49%▲
Total operating revenue
116.49%▲
Operating profit (EBIT)
157.44%▲
Net Profit (Loss) for the Period
N/A
Operating Profit Margin (ROS)
2.34%▲
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-189.57%▼