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Akkok Holding A.S. (Turkiye)

Main Activities: Management of Companies and Enterprises
Full name: Akkok Holding Anonim Sirketi Profile Updated: September 10, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Akkök Holding Anonim Sirketi is a well-established organization located in Istanbul, Turkey. Founded in 1952 by Raif Dinçkök, the company has 70 years of experience. It operates in the chemistry, real estate, and energy sectors, with 23 operational companies and 4 international subsidiaries. The holding closely monitors foreign markets and aims to compete globally. One of its subsidiaries, Aksa Akrilik Kimya Sanayii A.Ş., is the world's largest acrylic fiber producer. It serves customers in over 50 countries on 5 continents and has an annual capacity of 330 thousand tons. Another subsidiary, Akkim Kimya, is Turkey's leading chemical manufacturer, exporting its products to more than 70 countries. Akkim is a market leader in various chemical products and serves multiple sectors. Akcoat specializes in chemical coating materials and serves global brands in sectors such as white goods, ceramic tiles, and glass industry. It has production facilities in Turkey, Spain, the USA, and China. DowAksa, a joint venture between Dow Chemical Company and Aksa Akrilik San. A.Ş., is a carbon fiber producer that offers solutions to the energy, transportation, defense, and infrastructure sectors. Akkök Holding also has subsidiaries in the real estate sector. Akiş REIT implements projects that enhance the quality of life in the regions it operates. It has shopping center projects and street store projects. Akmerkez, one of its companies, is a renowned shopping center in Istanbul. In the energy sector, Akenerji is a freelance electricity generation company with a total installed capacity of 1,224 MW. Sepaş Energy is an authorized electricity supplier, and Sakarya Electricity Distribution Inc. provides energy distribution services. Aktek Bilişim, established in 2007, meets the IT needs of Akkök Holding and offers services in various technology fields. Dinkal Sigorta Acenteliği A.Ş. provides insurance risk consultancy services, and Ak-Pa is responsible for overseas marketing and export activities for Akkök Holding companies. Akkök Holding is a leader in exports, with Ak-Pa facilitating exports of $9.7 billion to more than 90 countries. The company's focus is on providing quality products and services to its customers globally.

Headquarters
No:15-17 Gumussuyu,miralay Sefikbey Sok Akhan Beyoglu
Istanbul; Marmara; Postal Code: 34437

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Website: http://www.akkok.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
June 27, 1979
Key Executives
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Chairman
Company Performance
Financial values in the chart are available after Akkok Holding 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
119.68%
Total operating revenue
119.68%
Operating profit (EBIT)
131.69%
Net Profit (Loss) for the Period
337.34%
Total assets
52.28%
Total equity
117.59%
Operating Profit Margin (ROS)
1.29%
Net Profit Margin
22.15%
Return on Equity (ROE)
28.77%
Debt to Equity Ratio
-48.65%
Quick Ratio
0.18%

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