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Socar Enerji Ticaret A.S. (Turkiye)

Main Activities: Natural Gas Distribution
Full name: Socar Enerji Ticaret Anonim Sirketi Profile Updated: September 09, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

SOCAR Enerji Ticaret Anonim Sirketi is a company located in Istanbul, Turkey. It was incorporated in 1992 and is a subsidiary of the Azerbaijan State Oil Company (SOCAR). The company specializes in the exploration, production, and processing of oil and natural gas resources. They also distribute petroleum, natural gas, and natural gas condensates, as well as market crude oil and petrochemical products on a national and international scale. Additionally, they work towards ensuring natural gas supply in Azerbaijan. SOCAR Global, a division of the company, operates globally through its representative offices in 13 different countries. They also have trading companies in Singapore, Vietnam, Nigeria, and Switzerland, as well as various investment assets in Turkey, Georgia, Ukraine, Romania, and Greece. SOCAR's largest strategic project is a $19.5 billion investment plan in Turkey, which plays a significant role in the future of both countries. The company aims to create an integrated value chain in the energy sector and draws its strength from friendship, collaboration, and trust.

Headquarters
Vadistanbul Socar Plaza 1d Blk No:3 E-1 Ayazaga Mahallesi Azerbaycan Caddesi Sariyer
Istanbul; Marmara; Postal Code: 34485

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Website: http://www.socar.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
April 16, 2004
Key Executives
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Chairman
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Socar Enerji Ticaret 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
301.61%
Total operating revenue
301.61%
Operating profit (EBIT)
2180.43%
Net Profit (Loss) for the Period
1847.53%
Total assets
744.7%
Total equity
1609.74%
Operating Profit Margin (ROS)
6.47%
Net Profit Margin
5.34%
Return on Equity (ROE)
11.76%
Quick Ratio
0.3%

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