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Park Elektrik A.S. (Turkiye)

Main Activities: Coal Mining
Full name: Park Elektrik Uretim Madencilik Sanayi 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

Park Elektrik Uretim Madencilik Sanayi Anonim Sirketi, located in Istanbul, was established on March 18, 1994, under the commercial title of Park Tekstil Sanayi ve Ticaret A.S. In 1997, it became the first publicly traded company of Ciner Group. The company later changed its commercial title and focus to enter the mining and energy sectors in 2000. Park Elektrik has been active in the field of mining and energy since then. In 2006, Park Elektrik started its copper operations in Siirt Madenkoy copper mine, producing concentrated copper from copper ore. From 2006 to 2017, the company exported its entire copper production abroad. However, in 2017, the company sold its copper mine and related assets in Siirt and decided to invest in the energy sector by acquiring 100% shares of its sister company, Konya Ilgin Elektrik Uretim San. ve Tic. A.S. The company's mission is to monitor new technologies and innovations and apply them at every stage of its business. It also strives to improve working conditions, increase productivity by motivating employees, create secure work sites at a low cost, and make efficient use of resources to prevent waste. Park Elektrik's vision is to be a leader in the domestic and international mining industry, achieving growth without compromising quality. The company aims for efficient and balanced growth in all its operations and aims to provide investors with maximum productivity at minimum cost. Please note that the values, policies, and principles of the company have been omitted as per the instructions.

Headquarters
Merkezi Sultantepe District, Pasalimani Street No: 41, Uskudar
Istanbul; Marmara; Postal Code: 34674

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Website: http://www.parkelektrik.com.tr/en

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:
March 18, 1994
Key Executives
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Chairman
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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61.24%
Subsidiaries
Konya Ilgin Elektrik Uretim Sanayi Ve Ticaret A.S.
Company Performance
Financial values in the chart are available after Park Elektrik 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
48.12%
Total operating revenue
48.63%
Operating profit (EBIT)
46.28%
EBITDA
97.43%
Net Profit (Loss) for the Period
48.4%
Total assets
54.84%
Total equity
33.02%
Operating Profit Margin (ROS)
-0.35%
Net Profit Margin
0.43%
Return on Equity (ROE)
2.99%
Quick Ratio
0.05%
Cash Ratio
0.27%

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