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Ittifak Holding closed 2013 with an endorsement of 993 million TL

08 April 20142 min reading
Ittifak Holding as the owner of familiar brands of the industry like Imas Makine and Selva announced the financial results of 2013. While total consolidated sales incomes increased 5.93%, net profit of the parent company's share was realized as 8 million TL. Taking place in the Istanbul Stock Exchange National 100 Index and celebrating its 25th anniversary last year, Ittifak Holding’s consolidated endorsement was 993,3 million TL by increasing 5,93% in 2013. Increasing its total income 26% in the last five year as a result of that it grew consistently in its domestic and foreign income, Ittifak Holding achieved to increase its export 123% in the same period. In 2013; while it gained 102,3 million TL export income with an increase of 14,68%, Ittifak Holding made an investment of 20 million TL. Evaluating the financial results of Ittifak Holding, Chief Executive Officer Tahir Atila said, “We implemented works that care about saving and would strengthen our position in the domestic and foreign markets and competitive advantage in our innovative product and service search in 2013. 2013 was the year that we started to receive the results of the efficiency-oriented works that we discussed with precision. Each of our companies participated to the growth efforts of our country with the new products, segments, designs and saving precautions. We will continue work with all our might in order to maintain our support for the growth process of Turkey.” INNOVATIVE SOLUTIONS FROM IMAS Mentioning on the innovative solutions brought by Imas as the machinery company of Ittifak, Atila said; “We reached daily 3 thousand 500 tons of milling capacity with 9 turnkey plants and also sales of machinery and equipment in 41 countries in 2013. Our company has come to the stage of completing its new generation products planned to be supplied in 2014.” “SELVA ADDED 24 NEW PRODUCTS TO ITS PORTFOLIO” Giving information on the new products of Selva that increased pasta export 20% on tonnage basis and added 24 new products to its portfolio, Atila said; “We presented our “Healthy Living Products” made of wheat germ, oat and wheat bran to Turkish consumer in 2013. We supplied our premium products branded as SelvaSera to the market in 2013. Innovations are not limited to these; bulghur, mixture flour and starch varieties are other newly added products to the product portfolio of Selva.”
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