The only representative of its sector, announced its financial results of nine months.

17.11.2012

Katmerciler increased its net profit 182%, its net export 128% and its incomes 90% respectively.

• Comparing the nine-month-period of last year, Katmerciler achieved to exceed the income limit of 100 million TRY by realizing an increase of 90%. It enhanced its export to 48.356.000 USD with an increase of 138% and its net term profit became 7.242.000 TRY with an increase of 182%.
• The general manager of Katmerciler, Mehmet Katmerci stated that they have caught their annual growth targets in association with their ultimate performance and said “Our aim is to continue our healthy, profitable and consistent growth trend”.

Katmerciler (KATMR), the only representative of the exchange market and leader in sector of top vehicle equipment, announced their nine-month-financial results in 2012. The company obtained significant results for corporate performance, especially for growth, export and net term profit. 
Katmerciler, which gained a consolidated income of 52.990.000 TRY in the nine-month-period last year, has enhanced its income to 100.480.000 TRY with an increase of 90% in the same period of this year. So, Katmerciler achieved to exceed the limit of 100 million for the first time and was able to catch the growth target for all 2012 year in the first nine-month-period.
Katmerciler increased the net profit with 182 percent in the nine-month-period and enhanced it from 2.566.000 TRY to 7.242.000 TRY.
Katmerciler, being very active in foreign affairs in recent years and providing great increases in export incomes, has continued this performance in nine-month-period. The company realized an export of 20.315.000 USD in the first nine-month period of 2011 and enhanced its export to 48.356.000 USD with an increase of 138%. The share of export incomes within the total incomes of Katmerciler has reached to about 91%. Katmerciler, still exporting to 41 countries, surpassed the total export incomes of 2011 in the first nine-month-period with this performance. The company had gained 32 million USD by export in the year of 2011.
Katmerciler enhanced the equity capital to 38.372.000 TRY with an increase of 28% at the end of third quarter comparing with the same period of last year and enhanced the size of assets to 151.000.000 TRY with an increase of 28% comparing with the end of 2011.

• Katmerci: We have caught our growth target within nine months.

The general manager of Katmerciler, Mehmet Katmerci stated that they exceeded their targets in all fields in the announcement related to the nine-month-financial result. Pointing out that they have caught the growth target of 20 percent for the year of 2012 in the first nine-month-period, Katmerci stated that the increase in profitableness and export is really important from the point of both the company and the investors. Katmerci also said:
“The high performance in the export reflects the incomes and profitableness of the company. We receive a recompense for their efforts to try to be a regional brand in the sector of top vehicle equipment and to grow internationally. We have been continuing our growth consistently and increasing our export rapidly. As a company exporting to 41 countries, we are trying to represent our sector not only in IMKB but also in international fields. We have enhanced our share of export incomes to 91% in the first nine-month-period according to our strategic targets such as increasing our export incomes share to 50% of the total income. This rate was 65% at the end of 2011 and 42% at the end of 2010.”
Mehmet Katmerci, stating that 182% increase in net profit is pleasing as a public company who is aware of its responsibility being carried for its investors, said that ‘Our target is to become a more profitable and effective company for our investors while going on our healthy, profitable and stable growth trend and creating value for our country.’

CONDENSED FINANCIAL STATEMENT (January-September)