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Merinos Hali Sanayi Ve Ticaret Anonim Sirketi (Turkey)

Main Activities: Textile Mills | Textile Product Mills | Furniture and Home Furnishings Stores
Full name: Merinos Hali Sanayi Ve Ticaret Anonim Sirketi Profile Updated: October 15, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Turkish Download a sample report

The production began with two weaving looms in 1970, set by the Erdemoglu family. Nowadays Merinos Hali, with 30 different quality types, more than 15 colour groups and thousands of patterns, distributed in 24 main dealers and over 3,400 points of sale in Turkey, and exports 30% of Its production to 65 countries.
The company has 3 integrated production facilities in Gaziantep, one in Russia's Rostov region where produces carpets, acrylic and polypropylene yarn. In 2012 the establishment of carpet and yarn production facilities in China have been initiated.
A furniture factory began production of sofas, beds, bases, dining room, bedroom, living room and youth bedroom furniture in Torbali, Izmir region in 2004. Merinos is producing home textile at Its plant in Usak since 2008.

Headquarters
4 Organize Sanayi Bolgesi No:21 M.Lutfullah Bilgin Bulvari Sehitkamil
Gaziantep; Southeast Anatolia; Postal Code: 27660

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Website: http://www.merinoshali.com.tr

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
February 09, 1990
Key Executives
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Chairman
Ownership Details
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13.84%
Subsidiaries
Merinos Carpet and Carpet Wares
98.16%
Company Performance
Financial values in the chart are available after Merinos Hali Sanayi Ve Ticaret Anonim Sirketi 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
19.95%
Total operating revenue
19.95%
Operating profit (EBIT)
7.21%
Net Profit (Loss) for the Period
-62.08%
Total assets
28.75%
Total equity
-10.3%
Operating Profit Margin (ROS)
-2.09%
Net Profit Margin
-7.8%
Return on Equity (ROE)
-17.11%
Debt to Equity Ratio
172.66%
Quick Ratio
-0.06%

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