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Sumas Suni Tahta Ve Mobilya Sanayii A.S. (Turkiye)

Main Activities: Pulp, Paper, and Paperboard Mills
Full name: Sumas Suni Tahta Ve Mobilya Sanayii Anonim Sirketi Profile Updated: November 20, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sumas Suni Tahta Ve Mobilya Sanayii Anonim Sirketi, located in Balikesir, is a company that started its assembly work in 1978 and produced its first chipboard on June 14, 1981. The facilities have a daily production capacity of 250 m³ of chipboard and are entirely based on German technology. SUMAŞ A.Ş. quickly began marketing its products in Turkey and abroad, with a focus on the Aegean and Marmara regions, becoming a leading industrial establishment in the Gulf Region. Since its establishment, the company has made significant contributions to the Edremit region through job creation and investments. Over time, SUMAŞ A.Ş. has adapted to evolving technology in its facilities. Investments have been made and continue to be made to improve production quality and product variety. In 1995, research was initiated for the production of chipboard adhesive, one of the main materials in chipboard production. After negotiations with Italian companies, an agreement was reached, and the state-of-the-art Urea Formaldehyde plant started production in 1996. The Urea Formaldehyde produced here takes its final form in the chipboard adhesive reactor. The chipboard adhesive system has been operational since February 1996. The melamine coating plant, which began construction in 1996, was put into operation in 1997. It quickly brought color and variety to chipboard usage with a wide range of colors and patterns in its color palette and flat, bute, and STR patterned surfaces. Sumaş A.Ş. also places significant emphasis on R&D activities. As a result of the work of our engineers and technical team, production of water-resistant green chipboard and fire-resistant chipboard (Firetex) started in early 2004. The necessary conformity certificates for these productions have been obtained from the relevant authorities. Starting in early 2004, Sumaş A.Ş. has also launched its "finish folio" and sizing plant investments, which will provide "boutique service" in the desired dimensions to its customers.

Headquarters
Yoloren Koyu Asagi Kume Evler St, No:37, Edremit
Balikesir; Marmara;

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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:
November 10, 1976
Key Executives
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Chairman
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Vice Chairman
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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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61.55%
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5%
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3.68%
Subsidiaries
Ortas Orman Ur.As.
2.51%
Company Performance
Financial values in the chart are available after Sumas Suni Tahta Ve Mobilya Sanayii 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
31.09%
Total operating revenue
29.02%
Operating profit (EBIT)
-68.64%
EBITDA
-43.85%
Net Profit (Loss) for the Period
-77.28%
Total assets
70.86%
Total equity
119.72%
Operating Profit Margin (ROS)
-16.13%
Net Profit Margin
-18.34%
Return on Equity (ROE)
-19.73%
Quick Ratio
0.35%
Cash Ratio
0.46%

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