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Akin Tekstil AS Company Snapshot
Akin Tekstil AS operates within the Knitting mills sector. In addition to historical fundamental analyses, the complete report available to purchase compares Akin Tekstil AS with three other fabric manufacturers in Europe: Yunsa Yunlu Sanayi ve Ticaret A.S. (2020 sales of 297.67 million Turkish Liras [US$35.15 million] of which 97% was Textile), Karsu Tekstil Sanayi ve Ticaret A.S. (316.78 million Turkish Liras [US$37.41 million] ), and Soktas (304.87 million Turkish Liras [US$36.00 million] ).

Sales Analysis. During the first quarter of 2021, sales at Akin Tekstil AS totalled 88.94 million Turkish Liras. This is a drop of 0.6% from the 89.43 million Turkish Liras in sales at the company during the first quarter in 2020. During the previous 6 quarters, sales at Akin Tekstil AS have fallen vis-à-vis the same quarter in the previous year. During the year ended December of 2020, sales at Akin Tekstil AS were 304.48 million Turkish Liras (US$35.95 million). This is a sharp decrease of 28.4% versus 2019, when the company's sales were 425.47 million Turkish Liras. Contributing to the drop in overall sales was the 34.9% decline in Confection, from 202,920.00 Turkish Liras to 132,160.00 Turkish Liras. There were also decreases in sales in Textile (down 21.3% to 175,819.00 Turkish Liras) .
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Akin Tekstil AS
  Stock Performance Chart for Akin Tekstil AS
  Stock Data: Recent Stock Performance:
  Current Price (6/11/2021): 38.20
(Figures in Turkish Liras)
1 Week 2.4%   13 Weeks -1.8%  
4 Weeks -34.1%   52 Weeks 162.5%  
Akin Tekstil AS Key Data:
  Ticker: ATEKS Country: Turkey
  Exchanges: IST Major Industry: Consumer Durables & Apparel
    Sub Industry: Knitting Mills
  2020 Sales 304,482,730
(Year Ending Jan 2021).
Employees: 584
  Currency: Turkish Liras Market Cap: 962,640,000
  Fiscal Yr Ends: December Shares Outstanding: 25,200,000
  Share Type: Ordinary Closely Held Shares: 18,054,408
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