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Kordsa Teknik Tekstil A.S. (Turkiye)

Main Activities: Rubber and Plastics Hoses and Belting Manufacturing
Full name: Kordsa Teknik Tekstil Anonim Sirketi Profile Updated: September 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Kordsa Teknik Tekstil Anonim Sirketi is a global company operating in the tire and construction reinforcement and composites markets. With over 5000 employees, the company has 13 facilities in 6 countries including Türkiye, Brazil, Indonesia, Thailand, Italy, and the USA. Their mission is to "Reinforce Life" by creating sustainable value for stakeholders and society through innovative reinforcement technologies. Kordsa is a leader in tire reinforcement technologies, reinforcing one out of every three automobile tires and two out of every three aircraft tires worldwide. They develop eco-friendly products that improve road grip and reduce fuel consumption in the tire industry. Additionally, they develop composites that make vehicles lighter, resulting in improved fuel efficiency and reduced carbon emissions. In the construction reinforcement industry, Kordsa provides durable and practical reinforcement solutions for infrastructure and superstructure projects. The company is dedicated to making life more livable, easier, and safer for individuals and their loved ones by reinforcing every aspect of life.

Legal Address
Alikahya Fatih District, Sanayici Street. No:90, Izmit
Kocaali, Sakarya; Postal Code: 41310

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Website: http://www.kordsa.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:
August 17, 1973
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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71.11%
Subsidiaries
Advanced Honeycomb Technologies Corporation (United States)
Axiom Materials Acquisition Llc
Fabric Development Inc. (United States)
Company Performance
Financial values in the chart are available after Kordsa Teknik Tekstil 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
45.25%
Total operating revenue
45.44%
Operating profit (EBIT)
38.26%
EBITDA
52.02%
Net Profit (Loss) for the Period
140.28%
Total assets
29.38%
Total equity
26.86%
Operating Profit Margin (ROS)
-0.2%
Net Profit Margin
0.32%
Return on Equity (ROE)
0.33%
Debt to Equity Ratio
-0.11%
Quick Ratio
-0.11%
Cash Ratio
-0.01%

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