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Kipas Mensucat Isletmeleri A.S. (Turkiye)

Main Activities: Textile Mills
Full name: Kipas Mensucat Isletmeleri Anonim Sirketi Profile Updated: December 12, 2023
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Kipas Mensucat Isletmeleri Anonim Sirketi, located in Kahramanmaras, was founded in 1984 under the leadership of the ÖKSÜZ and GÜMÜŞER families. It operates in 6 main sectors, including textile, cement, paper, energy, education, and logistics. Kipaş Holding, the parent company, has 11,000 employees and is the tax record holder of Kahramanmaraş. It is among the top 100 companies in Turkey in terms of exports, exporting nearly $200 million to almost 100 countries. Kipaş Holding is also in the ISO 500 and is among the top 250 companies in R&D. Kipas Mensucat, a subsidiary of Kipaş Holding, is the largest integrated textile production company in Turkey and Europe. It has an annual production capacity of 80 million meters of fabric and 330 tons of yarn per day. Kipas Tekstil also produces washable, multi-use masks and creations made from recycled plastic bottles. Kipaş Çimento, another subsidiary, has 15 concrete facilities and a cement production factory with an annual capacity of 3.2 million tons of clinker and 4 million tons of cement. It produces various types of cement according to international standards. Kipaş Kağıt, another subsidiary, produces 425,000 tons of paper annually from 100% recycled waste paper. It has a new investment in Aydın Söke, which will be the largest paper production facility in Turkey and Europe. Kipaş Holding also has energy investments, including geothermal power plants, and provides educational services from kindergarten to high school in Kahramanmaraş. It also offers transportation and logistics services. Kipaş Holding has implemented various social projects in Turkey, including the donation of schools and healthcare facilities. The company is led by M.Hanefi ÖKSÜZ, Chairman of the Board of Directors, and Halil İbrahim GÜMÜŞER, Deputy Chairman of the Board of Directors.

No:1-a Karacasu Karaziyaret Mahallesi Fatih Sultan Mehmet Caddesi Dulkadiroglu
Kahramanmaras; Mediterranean; Postal Code: 46100

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Basic Information
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Incorporation Date:
November 29, 2004
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Key Financial Highlights
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Net sales revenue
Total operating revenue
Operating profit (EBIT)
Net Profit (Loss) for the Period
Total assets
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Operating Profit Margin (ROS)
Net Profit Margin
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Quick Ratio

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