{"id":2231,"date":"2026-04-29T00:46:26","date_gmt":"2026-04-28T21:46:26","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2231"},"modified":"2026-04-29T00:47:04","modified_gmt":"2026-04-28T21:47:04","slug":"afyon-2026-03-faaliyet-raporu-analizi-afyon-imento","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2231","title":{"rendered":"\ud83d\udd35 AFYON 2026-03 Faaliyet Raporu Analizi | Afyon \u00c7imento"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd35 AFYON 2026-03 Faaliyet Raporu Analizi | Afyon \u00c7imento\" width=\"858\" height=\"644\" src=\"https:\/\/www.youtube.com\/embed\/X2Ev4UdwYVM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>Afyon \u00c7imento 2026 Y\u0131l\u0131 Birinci \u00c7eyrek Bilgilendirme Raporu<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, Afyon \u00c7imento Sanayi T\u00fcrk A.\u015e.&#8217;nin 1 Ocak 2026 \u2013 31 Mart 2026 d\u00f6nemini kapsayan faaliyet raporu verilerine dayanarak haz\u0131rlanm\u0131\u015ft\u0131r. Raporun bu d\u00f6nemdeki en kritik geli\u015fmesi, \u015firketin kay\u0131tl\u0131 sermaye tavan\u0131n\u0131n 800 milyon TL&#8217;den 3 milyar TL&#8217;ye \u00e7\u0131kar\u0131lmas\u0131 ve bu de\u011fi\u015fikli\u011fin 2026-2030 y\u0131llar\u0131n\u0131 kapsayacak \u015fekilde onaylanmas\u0131d\u0131r.<\/p>\n<p>Finansal a\u00e7\u0131dan \u015firket, yurt i\u00e7i sat\u0131\u015flarda hafif bir daralma ya\u015farken (831,7 milyon TL), yurt d\u0131\u015f\u0131 sat\u0131\u015flar\u0131n\u0131 bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re yakla\u015f\u0131k \u00fc\u00e7 kat\u0131na (94,3 milyon TL) \u00e7\u0131karm\u0131\u015ft\u0131r. Ancak karl\u0131l\u0131k oranlar\u0131nda bir d\u00fc\u015f\u00fc\u015f g\u00f6zlenmi\u015f ve net kar marj\u0131 negatif b\u00f6lgeye (-0,079) gerilemi\u015ftir. \u015eirket, s\u00fcrd\u00fcr\u00fclebilirlik alan\u0131nda \u00f6nemli bir ivme yakalam\u0131\u015f; yenilenebilir enerji kullan\u0131m oran\u0131n\u0131 %51\u2019e ula\u015ft\u0131rarak Kapsam 2 emisyonlar\u0131nda y\u0131ll\u0131k 28.210 ton CO2 azalt\u0131m\u0131 sa\u011flam\u0131\u015ft\u0131r. Ayr\u0131ca, 30 Mart 2026 tarihli Genel Kurul karar\u0131yla 2025 y\u0131l\u0131 k\u00e2r\u0131ndan 600 milyon TL nakit k\u00e2r pay\u0131 da\u011f\u0131t\u0131m\u0131 ger\u00e7ekle\u015ftirilmi\u015ftir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Yap\u0131 ve Y\u00f6netim Kurulu<\/h2>\n<p>Afyon \u00c7imento, 1954 y\u0131l\u0131nda kurulmu\u015f olup 2012 y\u0131l\u0131ndan bu yana \u00c7imsa \u00c7imento Sanayi ve Ticaret A.\u015e. taraf\u0131ndan y\u00f6netilmektedir. \u015eirketin %51 hissesi \u00c7imsa&#8217;ya ait olup kalan %49&#8217;luk k\u0131s\u0131m halka a\u00e7\u0131kt\u0131r.<\/p>\n<h3>Y\u00f6netim Kurulu ve \u00dcst Y\u00f6netim<\/h3>\n<p>30 Mart 2026 tarihli Ola\u011fan Genel Kurul toplant\u0131s\u0131 sonras\u0131 Y\u00f6netim Kurulu&#8217;nda g\u00f6rev da\u011f\u0131l\u0131m\u0131 \u015fu \u015fekildedir:<\/p>\n<ul>\n<li><b>Umut Zenar:<\/b> Y\u00f6netim Kurulu Ba\u015fkan\u0131<\/li>\n<li><b>Burak Turgut Orhun:<\/b> Ba\u015fkan Vekili<\/li>\n<li><b>Ye\u015fim \u00d6zlale \u00d6nen:<\/b> \u00dcye<\/li>\n<li><b>Tolga Kaan Do\u011fanc\u0131o\u011flu:<\/b> \u00dcye<\/li>\n<li><b>Demet \u00d6zdemir:<\/b> Ba\u011f\u0131ms\u0131z \u00dcye<\/li>\n<li><b>Yetik Kadri Mert:<\/b> Ba\u011f\u0131ms\u0131z \u00dcye<\/li>\n<\/ul>\n<p><b>Fabrika M\u00fcd\u00fcr\u00fc:<\/b> Ayd\u0131n Kaya (10 Ekim 2022&#8217;den bu yana g\u00f6revdedir).<\/p>\n<p>\u015eirket personeli 31 Mart 2026 itibar\u0131yla toplam 132 ki\u015fiden olu\u015fmaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Sermaye Yap\u0131s\u0131 ve Hisse Bilgileri<\/h2>\n<p>\u015eirketin sermaye yap\u0131s\u0131nda 2026 y\u0131l\u0131n\u0131n ba\u015f\u0131nda \u00f6nemli bir g\u00fcncelleme yap\u0131lm\u0131\u015ft\u0131r:<\/p>\n<ul>\n<li><b>Kay\u0131tl\u0131 Sermaye Tavan\u0131:<\/b> 3.000.000.000 TL (17 Nisan 2026 tarihinde tescil edilmi\u015ftir).<\/li>\n<li><b>\u00c7\u0131kar\u0131lm\u0131\u015f ve \u00d6denmi\u015f Sermaye:<\/b> 400.000.000 TL.<\/li>\n<li><b>Hisse Adedi:<\/b> 40.000.000.000 adet (Beheri 0,01 TL nominal de\u011ferli).<\/li>\n<\/ul>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Pay Sahibi<\/td>\n<td>Pay Tutar\u0131 (TL)<\/td>\n<td>Pay Oran\u0131 (%)<\/td>\n<\/tr>\n<tr>\n<td>\u00c7imsa \u00c7imento Sanayi ve Ticaret A.\u015e.<\/td>\n<td>203.999.999,80<\/td>\n<td>51,00<\/td>\n<\/tr>\n<tr>\n<td>Halka A\u00e7\u0131k Hisseler<\/td>\n<td>196.000.000,20<\/td>\n<td>49,00<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam<\/b><\/td>\n<td><b>400.000.000,00<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Finansal Performans Analizi<\/h2>\n<p>\u015eirketin 2026 ilk \u00e7eyrek finansal verileri, 2025 y\u0131l\u0131n\u0131n ayn\u0131 d\u00f6nemiyle kar\u015f\u0131la\u015ft\u0131rmal\u0131 olarak a\u015fa\u011f\u0131da sunulmu\u015ftur (Tutarlar sat\u0131n alma g\u00fcc\u00fc esas\u0131na g\u00f6re TL cinsindendir):<\/p>\n<h3>Sat\u0131\u015f Gelirleri<\/h3>\n<ul>\n<li><b>Yurt \u0130\u00e7i Sat\u0131\u015flar:<\/b> 831.757.084 TL (2025: 862.568.976 TL &#8211; Azal\u0131\u015f mevcuttur).<\/li>\n<li><b>Yurt D\u0131\u015f\u0131 Sat\u0131\u015flar:<\/b> 94.348.516 TL (2025: 35.406.238 TL &#8211; Belirgin art\u0131\u015f).<\/li>\n<\/ul>\n<h3>Temel Finansal Oranlar<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Oran T\u00fcr\u00fc<\/td>\n<td>31 Mart 2026<\/td>\n<td>31 Aral\u0131k 2025 \/ 31 Mart 2025<\/td>\n<\/tr>\n<tr>\n<td><b>Cari Oran<\/b><\/td>\n<td>1,81<\/td>\n<td>2,43<\/td>\n<\/tr>\n<tr>\n<td><b>Asit Test Oran\u0131<\/b><\/td>\n<td>1,23<\/td>\n<td>2,00<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Bor\u00e7lar \/ \u00d6zsermaye<\/b><\/td>\n<td>0,20<\/td>\n<td>0,15<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct Kar Marj\u0131<\/b><\/td>\n<td>0,20<\/td>\n<td>0,28<\/td>\n<\/tr>\n<tr>\n<td><b>Net Kar Marj\u0131<\/b><\/td>\n<td>-0,079<\/td>\n<td>0,13<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6zsermaye Karl\u0131l\u0131\u011f\u0131<\/b><\/td>\n<td>-0,010<\/td>\n<td>0,014<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>De\u011ferlendirme:<\/b> \u015eirketin likidite oranlar\u0131 (cari oran ve asit test oran\u0131) d\u00fc\u015f\u00fc\u015f g\u00f6stermekle birlikte g\u00fcvenli seviyelerde kalmaya devam etmektedir. Ancak karl\u0131l\u0131k marjlar\u0131ndaki d\u00fc\u015f\u00fc\u015f ve net kar\u0131n eksiye ge\u00e7mesi dikkat \u00e7ekicidir. 2026&#8217;n\u0131n ilk \u00fc\u00e7 ay\u0131nda makine te\u00e7hizat ve sabit k\u0131ymetler i\u00e7in 1.229.396 TL yat\u0131r\u0131m harcamas\u0131 yap\u0131lm\u0131\u015ft\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Operasyonel Faaliyetler ve \u00dcretim Kapasitesi<\/h2>\n<p>Afyonkarahisar Hal\u0131moru K\u00f6y\u00fc&#8217;nde bulunan modern fabrika, Nisan 2017&#8217;den bu yana faaliyetlerini s\u00fcrd\u00fcrmektedir.<\/p>\n<ul>\n<li><b>Y\u0131ll\u0131k Gri Klinker Kapasitesi:<\/b> 1,5 milyon ton.<\/li>\n<li><b>Y\u0131ll\u0131k Gri \u00c7imento Kapasitesi:<\/b> 2,1 milyon ton.<\/li>\n<\/ul>\n<p>2026 y\u0131l\u0131n\u0131n ilk \u00fc\u00e7 ayl\u0131k d\u00f6neminde \u00fcretim ve sat\u0131\u015f miktarlar\u0131n\u0131n hedeflenen seviyelerde ger\u00e7ekle\u015fti\u011fi belirtilmi\u015ftir. \u015eirket aleyhine a\u00e7\u0131lan davalar i\u00e7in hukuk m\u00fc\u015favirlerinin g\u00f6r\u00fc\u015f\u00fc do\u011frultusunda 2.727.162 TL kar\u015f\u0131l\u0131k ayr\u0131lm\u0131\u015ft\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. S\u00fcrd\u00fcr\u00fclebilirlik ve ESG Yakla\u015f\u0131m\u0131<\/h2>\n<p>Afyon \u00c7imento, \u00e7evresel ve sosyal y\u00f6netim ilkelerinde %100 uyumu hedefleyen bir strateji izlemektedir.<\/p>\n<ul>\n<li><b>Yenilenebilir Enerji:<\/b> Fabrikada bulunan 3.3 MW kurulu g\u00fcce sahip G\u00fcne\u015f Enerjisi Santrali (GES) ile 2025 y\u0131l\u0131nda 5.007 MWh elektrik \u00fcretilmi\u015ftir. 65.000 MWh i\u00e7in I-REC Sertifikas\u0131 al\u0131narak toplam yenilenebilir elektrik oran\u0131 %51&#8217;e \u00e7\u0131kar\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>Emisyon Azalt\u0131m\u0131:<\/b> Yenilenebilir enerji kullan\u0131m\u0131 sayesinde y\u0131ll\u0131k 28.210 ton CO2 azalt\u0131m\u0131 sa\u011flanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Alternatif Yak\u0131t:<\/b> Biyok\u00fctle, lastik ve evsel at\u0131klardan t\u00fcretilmi\u015f yak\u0131t kullan\u0131m oran\u0131 2025 y\u0131l\u0131nda %19,7 olarak ger\u00e7ekle\u015fmi\u015ftir.<\/li>\n<li><b>\u015eeffafl\u0131k:<\/b> \u015eirket, Karbon Saydaml\u0131k Projesi (CDP) &#8220;\u0130klim De\u011fi\u015fikli\u011fi&#8221; ve &#8220;Su&#8221; de\u011ferlendirmelerinde hakim orta\u011f\u0131 \u00c7imsa ile birlikte &#8220;A Listesi&#8221; konumunu korumak i\u00e7in \u00e7al\u0131\u015fmalar\u0131na devam etmektedir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>6. Sekt\u00f6rel G\u00f6r\u00fcn\u00fcm<\/h2>\n<p>T\u00fcrkiye \u00e7imento sekt\u00f6r\u00fc 105 milyon ton \u00fcretim kapasitesiyle Avrupa&#8217;n\u0131n en b\u00fcy\u00fc\u011f\u00fc, d\u00fcnyan\u0131n ise 5. b\u00fcy\u00fck \u00fcreticisidir. Ancak 2026 y\u0131l\u0131 ba\u015f\u0131nda sekt\u00f6rel bir daralma g\u00f6zlenmektedir:<\/p>\n<ul>\n<li><b>Ocak 2026 Verileri:<\/b> \u00c7imento \u00fcretiminde \u00f6nceki y\u0131la g\u00f6re %27,7; i\u00e7 sat\u0131\u015flarda %30,8 d\u00fc\u015f\u00fc\u015f ya\u015fanm\u0131\u015ft\u0131r.<\/li>\n<li><b>\u0130hracat Performans\u0131:<\/b> Ocak 2026&#8217;da \u00e7imento ihracat\u0131 %25,6, klinker ihracat\u0131 ise %57 oran\u0131nda azalm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>Afyon \u00c7imento, bu zorlu pazar ko\u015fullar\u0131na ra\u011fmen operasyonel m\u00fckemmeliyet, m\u00fc\u015fteri odakl\u0131l\u0131k ve s\u00fcrd\u00fcr\u00fclebilir b\u00fcy\u00fcme hedefleri do\u011frultusunda faaliyetlerini y\u00f6netmektedir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>7. \u00d6nemli Geli\u015fmeler ve D\u00f6nem Sonras\u0131 Olaylar<\/h2>\n<ul>\n<li><b>K\u00e2r Da\u011f\u0131t\u0131m\u0131:<\/b> 30 Mart 2026 tarihli Ola\u011fan Genel Kurul&#8217;da onaylanan 600.000.000 TL nakit k\u00e2r pay\u0131, 1 Nisan 2026 tarihinde pay sahiplerine \u00f6denmi\u015ftir.<\/li>\n<li><b>Sermaye Tavan\u0131:<\/b> Kay\u0131tl\u0131 sermaye tavan\u0131n\u0131n 3 milyar TL&#8217;ye \u00e7\u0131kar\u0131lmas\u0131na ili\u015fkin Esas S\u00f6zle\u015fme de\u011fi\u015fikli\u011fi 20 Nisan 2026 tarihinde Ticaret Sicil Gazetesi&#8217;nde yay\u0131mlanarak y\u00fcr\u00fcrl\u00fc\u011fe girmi\u015ftir.<\/li>\n<li><b>Ba\u011f\u0131\u015flar:<\/b> 1 Ocak &#8211; 31 Mart 2026 d\u00f6nemi i\u00e7inde herhangi bir ba\u011f\u0131\u015f yap\u0131lmam\u0131\u015ft\u0131r.<\/li>\n<li><b>Personel Yan Haklar\u0131:<\/b> Beyaz yakal\u0131 ve mavi yakal\u0131 personele y\u0131lda 12 maa\u015f ve 4 ikramiyeden olu\u015fan \u00fccret paketi sunulmaktad\u0131r. Mavi yakal\u0131lar i\u00e7in 1 Ocak 2026 \u2013 31 Aral\u0131k 2027 d\u00f6nemini kapsayan Grup Toplu \u0130\u015f S\u00f6zle\u015fmesi akdedilmi\u015ftir.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"2231\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"1\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Afyon \u00c7imento, 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde stratejik bir d\u00f6n\u00fc\u015f\u00fcm\u00fcn sinyallerini veriyor. Kay\u0131tl\u0131 sermaye tavan\u0131n\u0131 3 milyar TL\u2019ye \u00e7\u0131karan \u015firket, \u00f6zellikle ihracat pazarlar\u0131ndaki %160\u2019\u0131 a\u015fan b\u00fcy\u00fcmesiyle dikkat \u00e7ekiyor. S\u00fcrd\u00fcr\u00fclebilirlik hedefleri kapsam\u0131nda yenilenebilir enerji kullan\u0131m\u0131n\u0131 %51\u2019e ta\u015f\u0131yan ve y\u00f6netim kadrosunu yeni isimlerle g\u00fc\u00e7lendiren Afyon \u00c7imento&#8217;nun finansal performans\u0131na, \u00e7evre odakl\u0131 yat\u0131r\u0131mlar\u0131na ve gelecek vizyonuna dair t\u00fcm detaylar\u0131 analiz ediyoruz.<\/p>\n","protected":false},"author":2,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[322],"class_list":["post-2231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-afyon"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2231"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2231\/revisions"}],"predecessor-version":[{"id":2232,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2231\/revisions\/2232"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}