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Sasa A.S. (Turkiye)

Main Activities: Broadwoven Fabric Mills | Artificial and Synthetic Fibers and Filaments Manufacturing
Full name: Sasa Polyester Sanayi Anonim Sirketi Profile Updated: May 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sasa Polyester Sanayi Anonim Sirketi is a leading manufacturer of polyester, fiber, filament yarn, polyester-based polymers, specialty polymers, and intermediates. The company manages the entire process from design to manufacturing and distribution. It started its production in the polyester industry in 1966 and has experienced rapid growth through continuous investments. In 2000, Sasa established a joint-venture partnership with Dupont, a world chemistry giant, and changed its name to DupontSA. In 2004, the company acquired Dupont shares and changed its name to ADVANSA. In 2011, Sabancı Holding acquired all the shares of ADVANSA BV and changed the name to SASA. In 2015, ERDEMOĞLU Holding acquired the majority shares of SASA. The company has a strong technical infrastructure, with over 4,300 qualified employees and leading production facilities. Its head office is located in Adana, with additional facilities in Iskenderun, Istanbul, and Ankara. SASA aims to become one of the top three polyester manufacturers globally and is committed to sustainable growth and corporate social responsibility.

Headquarters
Sarihamzali District, Turhan Cemal Beriker Bulvari No:559, Seyhan
Adana; Mediterranean; Postal Code: 01355

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Website: http://www.sasa.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:
November 08, 1966
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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55.21%
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20.71%
Subsidiaries
Sasa Dis Dicaret As
100%
Sasa Uluslararasi Finansal Yatirim A.S.
Company Performance
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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
-25.1%
Total operating revenue
-25.06%
Operating profit (EBIT)
-35.43%
EBITDA
-31.96%
Net Profit (Loss) for the Period
-20.05%
Total assets
51.83%
Total equity
62.48%
Operating Profit Margin (ROS)
-2.62%
Net Profit Margin
2.48%
Return on Equity (ROE)
-28.52%
Debt to Equity Ratio
-7.1%
Quick Ratio
0.28%
Cash Ratio
0.12%

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