Company Profile For Ipek Matbaacilik Sanayi ve Ticaret AS

Ipek Matbaacilik Sanayi ve Ticaret AS (IPMAT.IS) (Istanbul Stock Exchange)

sector: Industrials · industry: Commercial Printing Services ·

As of 24 Nov 2009

2.82TRY

Price Change

+0.20

Percent Change

+7.63%

Analyst Recommendations

Overview

Ipek Matbaacilik Sanayi ve Ticaret A.S. (Ipek Matbaacilik) is a Turkey-based company active in the commercial printing sector. During the fiscal year ended 2008, Ipek Matbaacilik also added petroleum, fossil fuel and natural gas exploration and production to its activities. It is primarily engaged in the printing of invitation, greeting and business cards, envelopes, calendars, posters, notebooks, personal organizers and diaries. Ipek Matbaacilik also prints pamphlets, catalogs, directories, outdoor signs, billboards and promotional products, such as stickers. The Company carries out sales activities domestically and internationally, in such countries as France, the United Kingdom, Israel, Romania, Russia and Japan. Ipek Matbaacilik is a subsidiary of Koza-Ipek Holding A.S.

Quick Financial Synopsis

BRIEF: For the three months ended 31 March 2009, Ipek Matbaacilik Sanayi ve Ticaret A.S.'s total revenue decreased 11% to TRY52.3M. Net income for the period increased 80% to TRY12.5M. Total revenue reflects decreased demand for the Company's products and services in the domestic market. Net income benefited from decreased selling and marketing expenses as well as substantially decreased general and administrative expenses.