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Mem Tekstil A.S. (Turkiye)

Main Activities: Textile Mills
Full name: Mem Tekstil Sanayi Ve Ticaret Anonim Sirketi Profile Updated: December 12, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

MEM Tekstil Sanayi Ve Ticaret Anonim Sirketi, located in Kahramanmaras, was established in 1993 and began production in 1998. It has quickly become a competitive player in the industry, focusing on industry, production, and marketing. As one of Turkey's top 300 industrial enterprises, MEM Tekstil is a growing global brand. Starting with ring spinning, MEM Tekstil has become one of the largest integrated textile manufacturers in Turkey. It has expanded its capacity and sales network over time, operating in various sectors of the industry. In addition to ring, open-end, and vortex spinning mills, MEM Tekstil offers knitted fabric, dyeing, rotation, and digital printing services to leading companies worldwide. With a large domestic and international business network, MEM Tekstil continues to grow, serving customers in over 50 countries across four continents. The company takes pride in providing quality services to its customers. MEM Tekstil is committed to environmental sustainability and has invested in a solar power plant that can meet 30 percent of its electricity needs. It also invests in renewable energy alongside other group companies, including solar and wind power plants. Additionally, MEM Tekstil operates in the energy sector through its group companies PAKMEM and SELENKA, as well as in the maritime sector with TERSAN and PAKOIL.

Headquarters
Mem Tekstil San. Ve Tic. A.s. No:14-a Eyup Sultan Mahallesi 25032.sokak Dulkadiroglu
Kahramanmaras; Mediterranean; Postal Code: 46080

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Website: http://www.memtextile.com

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
August 18, 1993
Key Executives
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Chairman
Company Performance
Financial values in the chart are available after Mem Tekstil 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
103.15%
Total operating revenue
103.15%
Operating profit (EBIT)
158.82%
Net Profit (Loss) for the Period
2126.07%
Total assets
116.61%
Total equity
98.13%
Operating Profit Margin (ROS)
4.81%
Net Profit Margin
8.47%
Return on Equity (ROE)
18.16%
Debt to Equity Ratio
19.32%
Quick Ratio
-0.22%

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