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Ihlas Haber Ajansi A.S. (Turkiye)

Main Activities: News Syndicates
Full name: Ihlas Haber Ajansi 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

İhlas News Agency (İHA) is a company located in Istanbul, Turkey. It was established in 1994 and is the first private sector company in Turkey to provide video news services. İHA operates with the principle of accurate, fast, and objective journalism. The company has 25 regional directorates and provides services in all 81 provinces of Turkey. İHA produces video, written, and photographic news with its team of over 850 permanent and copyrighted personnel, 460 cameras, and 320 digital cameras. They deliver an average of 300 images, 1,000 news texts, and 3,000 photographs to radio, television, newspapers, websites, and institutions that are subscribers via satellite and the internet. İHA has a strong operational power, speed, and activation, making it one of the strongest news agencies in its region. The company has 32 uplink points, most of which are located outside of Turkey, allowing them to quickly reach the source of events and broadcast live to the whole world via satellite. İHA has expanded its field of activity to countries such as Iran, Iraq, Afghanistan, Pakistan, Russia, Greece, Kosovo, Israel, Palestine, and Central Asian Turkic Republics. They have also gained recognition for their coverage of the war in Iraq. İHA has more than 140 television subscribers in Turkey and many customers abroad, including Germany, England, Egypt, Qatar, United Arab Emirates, Azerbaijan, Georgia, and Iraq. They are the first agency in Turkey to archive their images digitally, with over 1.5 million images and 6 million news stored in their archive. The company focuses on conveying events of civil and official institutions, associations, and commercial companies to the media through special production work. İHA has also played a pioneering role in broadcasting events such as congresses, festivals, and health tourism via teleconference. İHA provides agency services, including studio services, to many channels in important cities like Washington, London, and Berlin. They have studios in Istanbul, Izmir, Ankara, and Gaziantep, serving both domestic and international customers. İHA has over 2,000 customers in Turkey and supports the news needs of national, local, and regional media in a fast and reliable manner. Overall, İhlas News Agency is a leading news agency in Turkey, providing video, written, and photographic news services to a wide range of customers both domestically and internationally.

Headquarters
Yenibosna Merkez District, 29 October St, No:11A Internal Gate No:21, Bahcelievler
Istanbul; Marmara; Postal Code: 34197

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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:
January 06, 1994
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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49.22%
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34.38%
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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
80.81%
Total operating revenue
70.61%
Operating profit (EBIT)
-20.92%
EBITDA
2.8%
Net Profit (Loss) for the Period
137.8%
Total assets
37.25%
Total equity
31.35%
Operating Profit Margin (ROS)
-4.01%
Net Profit Margin
4.95%
Return on Equity (ROE)
8.66%
Debt to Equity Ratio
2.8%
Quick Ratio
-1.72%
Cash Ratio
-2.12%

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