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Cates Elektrik Uretim Anonim Sirketi (Turkiye)

Main Activities: Electric Power Generation, Transmission and Distribution
Full name: Cates Elektrik Uretim Anonim Sirketi Profile Updated: November 20, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2023 Available in: English Download a sample report

The Company was established on
2014. Pursuant to the decision of the High Board of Privatization dated 21 July 2014 and numbered 2014/64, it purchased the Catalagzı Thermal Power Plant (“Power Plant”) and its integral parts and annexes from Elektrik Uretim A.S. with the transfer agreement signed on 22 December 2014.
The company has obtained permission from the Energy Market Regulatory Board in order to produce electricity for the Power Plant with a total installed power of 314.68 MWe located in Catalagzı district of Zonguldak province.
(“EPDK”) received the production license numbered EU/5358- 1/03178 dated 18 December 2014, valid for 49 years as of 22 December 2014.
Electricity Market Law No. 6446 and EMRA s Electricity Market License Regulation and Electricity In accordance with the Market Balancing and Settlement Regulation (“DUY”) and other relevant legislation carries out its activities. Within the scope of DUY, to Enerji Pazarlamaları Isletme A.S. with the user code PK8360
(“EPIAS”) is registered. The company operates within an integrated energy group.
The Company s 100 partner is Parla Enerji Yatırımları A.S. (“Parla EYAS”), its ultimate partner is Aydem Holding A.S.
Depending on its electricity production and sales activities, the company had 28603 TL on 30 March 2013.
Electricity Market Law No. 6446, dated 14 March 2013, which entered into force with the Official Gazette No.
In addition to the Law, the regulations and regulations published by the Energy Market Regulatory Board (“EPDK”)
subject to notifications.
The company was established in 19 April 2014.
The company listed in Istanbul Stock Exchange 23 November 2023.
The registration number of company is 8907.

Legal Address
Sahinler M., Sahinler Kume Evler Yatagan, Termik San. Sit. N:259/1, Yatagan
Mugla; Aegean;

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

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2014
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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80%
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20%
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
33.01%
Total operating revenue
34.79%
Operating profit (EBIT)
-76.38%
EBITDA
-2.69%
Net Profit (Loss) for the Period
-99.61%
Total assets
62.56%
Total equity
152.2%
Operating Profit Margin (ROS)
-12.38%
Net Profit Margin
-13.68%
Return on Equity (ROE)
-9.07%
Debt to Equity Ratio
-58.25%
Quick Ratio
3.26%
Cash Ratio
0.59%

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