Eksun Gıda Announced 2024 Financial Results

Eksun Gıda, which has more than 200 product varieties under the brands Sinangil and Sinangil Gluten YOK, published its 2024 financial results on the Public Disclosure Platform (KAP). According to the results prepared in accordance with the inflation accounting principles of the Turkish Accounting Standards 29 (TMS), the company's net sales revenue was 10,1 billion TL, its gross profit was 791 million TL, and its gross profit margin was 7,8 percent.

“Our Active Size Approached 5 Billion TL”

Commenting on the financial results, Ahmet Demir, General Manager of Eksun Gıda, said, “In line with our corporate foundations shaped by Eksim Holding values ​​and our visionary perspective, our total assets have approached 5 billion TL. We see this performance as a significant milestone in our company's journey of stable development. While creating a solid capital structure with our equity of 2 billion TL, our domestic sales volume of 7,8 billion TL and export performance of 2,3 billion TL are the most concrete indicators that we are progressing without slowing down both locally and globally.”

“The Total Flour Silo Storage Capacity of Our Factories Reached 11.700 Tons”

Ahmet Demir, emphasizing that Eksun Gıda is confidently progressing towards its growth targets with a strong investment strategy, stated , “To reinforce our advantageous position in the sector, we have invested in 12 flour silos at our Konya factory. This has increased the flour silo storage capacity of our Konya factory by 34,3%, reaching 4.700 tons. We have also increased the total flour silo storage capacity of our Tekirdağ and Konya factories by 11,4%, bringing the total to 11.700 tons.”

Referring to the acquisition of Babaeski Agricultural Products Licensed Warehousing Inc., located in Kırklareli, by Eksun Gıda, Demir stated, “With this investment, we aim to optimize our storage processes with advanced technology. We continue our efforts to make our operations more efficient through high-quality control and security protocols, insurance of materials, customized storage solutions tailored to needs, and effective inventory management.”

“We Will Reduce Our Carbon Footprint with Green Energy Investment”

Ahmet Demir, also mentioning the renewable energy investment they made in line with their food sustainability and uninterrupted production policies, said , “In this context, we received call letters for a wind energy power plant (RES) investment with a total capacity of 18,9 MW to meet the electricity needs of our factories in Tekirdağ and Konya. We also signed a supply contract worth 14,1 million Euros with Nordex Group , one of the world's leading turbine manufacturers, and started the process of implementing the project. Finally, our Ministry of Environment, Urbanization and Climate Change gave a 'positive' decision on the Environmental Impact Assessment (EIA) report of our project.” Demir added that they aim to sustainably reduce their carbon footprint by taking advantage of Eksim Holding's expertise in renewable energy.

Source: HORECA TREND and Eksun Gıda