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Novares Turkey Otomotiv A.S. (Turkiye)

Main Activities: Plastics Product Manufacturing
Full name: Novares Turkey Otomotiv Anonim Sirketi Profile Updated: January 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Novares Turkey Otomotiv Anonim Sirketi is a company located in Kocaeli, Turkey. They specialize in providing complete solutions to their customers using advanced plastics injection technologies. Novares designs highly engineered solutions that are user-friendly, ergonomic, and affordable. They create and produce components and systems with multi-functionalities that add value. Their parts have complex functions, mechanisms, use kinematics, mechatronics, and provide integration expertise for modules. Novares' plastics match the performance of those made from metal while offering lightweight dynamics, contributing to the production of lightweight cars. They have a capacity to produce quality products and systems, which is reinforced by continuous improvements and testing. Novares also offers the latest techniques and services to their customers. One of their notable products is the Plastic Heat Exchanger, which allows for the replacement of conventional aluminum alloy heat exchangers with a plastic part that can be easily integrated into engine parts such as an air intake manifold.

Headquarters
No:20 -1 Tosb Otomotiv Mahallesi 1. Caddesi Cayirova
Kocaeli; Marmara; Postal Code: 41420

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Website: http://www.novaresteam.com

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
August 16, 1993
Key Executives
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Director
Company Performance
Financial values in the chart are available after Novares Turkey Otomotiv 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
76.56%
Total operating revenue
76.56%
Operating profit (EBIT)
214.08%
Net Profit (Loss) for the Period
439.77%
Total assets
57.44%
Total equity
74.17%
Operating Profit Margin (ROS)
9.63%
Net Profit Margin
12.99%
Return on Equity (ROE)
30.84%
Quick Ratio
0.2%

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