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Vestel Elektronik A.S. (Turkiye)

Main Activities: Household Appliance Manufacturing
Full name: Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi Profile Updated: January 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Vestel Electronic was founded in 1984 by Polypeck International Company and in 1995 bought by Zorlu Holding. Vestel, is producing air conditioners, refrigerators, monitors, colour TVs, portable satellite receivers, PCs, television tuners, and internet TVs in its 100, 000 square meter production facility in Manisa.The company has taken concrete steps in transforming into an information appliances (IA) developer. The company has progressively been developing new products, penetrating the more lucrative market for digital convergence. Vestel has set up an IA design and development company in Silicon Valley, Vestel USA, which is developing appliances including internet-TV, Internet-Terminal and internet phone. Vestel has been chosen as one of the five producers to develop these Web Companions with Microsoft.

Legal Address
Levent 199, Buyukdere Street No: 199, Sisli
Istanbul; Marmara; Postal Code: 34394

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Website: http://www.vestelinvestorrelations.com

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 04, 1983
Key Executives
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Chairman
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Chief Executive 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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58.08%
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41.92%
Subsidiaries
Vestel A.S.
79.33%
Cabot Communications Ltd (United Kingdom)
Estel Electronica Srl
Company Performance
Financial values in the chart are available after Vestel Elektronik 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
58.05%
Total operating revenue
48.16%
Operating profit (EBIT)
14294.96%
EBITDA
688.09%
Net Profit (Loss) for the Period
4.8%
Total assets
47.79%
Total equity
28.35%
Operating Profit Margin (ROS)
10.2%
Net Profit Margin
-1.05%
Return on Equity (ROE)
-1.77%
Debt to Equity Ratio
20.42%
Quick Ratio
-0%
Cash Ratio
-0.01%

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