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Ihlas Holding A.S. (Turkiye)

Main Activities: Management of Companies and Enterprises
Full name: Ihlas 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

Ihlas Holding Anonim Sirketi is a company located in Istanbul, Turkey. It is part of the Ihlas Group, which has been a significant stakeholder in Turkey for over 52 years. The group consists of 30 companies with 2,509 employees and is involved in various activities across the country. The group's cultural services are particularly noteworthy. It started with the establishment of Türkiye Newspaper in 1970 and expanded its publication range with different printing works. In addition to newspaper distribution, Ihlas Holding has a widespread marketing network that promotes products face-to-face to thousands of consumers. The group has also ventured into the construction sector, electronic devices and household appliances production, health services, media, education, and other sectors. It has participated in tenders and obtained licenses in the energy sector. The group has undergone structuring within the holding to create synergy among its companies and specialize in their respective fields. It has also made social responsibility investments in the fields of health and education, with Türkiye Hospital offering ethical health services and Ihlas Educational Institutions providing education from kindergarten to high school.

Headquarters
Merkez District, 29 October St, Ihlas Plaza No:11 B/21, Yenibosna, Bahcelievler
Istanbul; Marmara; Postal Code: 34197

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Website: http://www.ihlas.com.tr/home

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 25, 1980
Key Executives
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Chairman
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Managing Director
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Managing Director
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Managing Director
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Director/Member of the Board
Ownership Details
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80.11%
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12.9%
Subsidiaries
Kibris Burosu (Cyprus)
100%
Ihlas Pazarlama A.S.
98.32%
Bisiklet Pazarlama Ve Tic. A.S.
96.65%
Company Performance
Financial values in the chart are available after Ihlas Holding 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
37.12%
Total operating revenue
29.64%
Operating profit (EBIT)
-60.82%
EBITDA
-23.58%
Net Profit (Loss) for the Period
-71.88%
Total assets
73.66%
Total equity
34.83%
Operating Profit Margin (ROS)
-8.01%
Net Profit Margin
-9.03%
Return on Equity (ROE)
-5.52%
Debt to Equity Ratio
0.58%
Quick Ratio
-0.71%
Cash Ratio
-0.27%

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