{"id":264,"date":"2025-12-20T16:06:43","date_gmt":"2025-12-20T13:06:43","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=264"},"modified":"2025-12-20T16:06:43","modified_gmt":"2025-12-20T13:06:43","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-luksk-luks-kadife-2025-9-bilanco-analizi-%f0%9f%a7%bf","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/264","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #LUKSK | L\u00fcks Kadife 2025\/9 Bilan\u00e7o Analizi |  \ud83e\uddff"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #LUKSK | L\u00fcks Kadife 2025\/9 Bilan\u00e7o Analizi |  \ud83e\uddff\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/H2IqHG_UYhM?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>Kayseri\u2019den K\u00fcresel Vitrine: L\u00fcks Kadife\u2019nin 2025 Finansal Karnesinden \u015ea\u015f\u0131rt\u0131c\u0131 5 \u00c7\u0131kar\u0131m<\/h1>\n<h3>1. Giri\u015f: Tekstilde Gelenek ve Hiper-Enflasyonun \u00c7arp\u0131\u015fmas\u0131<\/h3>\n<p>1972 y\u0131l\u0131nda Kayseri\u2019de temelleri at\u0131lan L\u00fcks Kadife, yar\u0131m asr\u0131 a\u015fan \u00fcretim gelene\u011fini 2025 y\u0131l\u0131n\u0131n volatil ekonomik atmosferinde ciddi bir s\u0131navdan ge\u00e7iriyor. Sekt\u00f6rel daralma ve TMS 29 (Enflasyon Muhasebesi) k\u0131skac\u0131nda ge\u00e7en 2025 y\u0131l\u0131 \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011fi, \u015firket i\u00e7in sadece bir ayakta kalma m\u00fccadelesi de\u011fil, ayn\u0131 zamanda teknolojik bir kabuk de\u011fi\u015ftirme d\u00f6nemi oldu. L\u00fcks Kadife\u2019nin son finansal raporlar\u0131, geleneksel bir sanayi devinin operasyonel nakit ak\u0131\u015f\u0131n\u0131 optimize ederek finansal k\u0131r\u0131lganl\u0131\u011f\u0131 nas\u0131l minimize edebilece\u011fine dair ders niteli\u011finde i\u00e7g\u00f6r\u00fcler sunuyor.<\/p>\n<h3>2. Modernizasyon Odakl\u0131 Verimlilik: 32,3 Milyon TL\u2019lik Stratejik Hamle<\/h3>\n<p>L\u00fcks Kadife, 2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131nda <b>32,3 milyon TL<\/b> tutar\u0131nda sabit k\u0131ymet yat\u0131r\u0131m\u0131 ger\u00e7ekle\u015ftirerek operasyonel m\u00fckemmellik yolunda vites art\u0131rd\u0131. Bu yat\u0131r\u0131mlar, sadece kapasite art\u0131\u015f\u0131n\u0131 de\u011fil, do\u011frudan &#8220;maliyet liderli\u011fi&#8221; stratejisini hedefliyor. \u00d6zellikle Jigger boya makineleri ve Padbeach y\u00f6ntemi gibi enerji yo\u011fun s\u00fcre\u00e7lerdeki iyile\u015ftirmeler, \u015firketin k\u00fcresel rekabet g\u00fcc\u00fcn\u00fc tahkim ediyor.<\/p>\n<p><b>Stratejik Verimlilik ve Enerji Karnesi:<\/b><\/p>\n<ul>\n<li><b>Yenilenebilir Enerji:<\/b> 1.265.753 kWh ye\u015fil elektrik \u00fcretimi ile karbon ayak izi y\u00f6netimi.<\/li>\n<li><b>Geri D\u00f6n\u00fc\u015f S\u00fcreleri:<\/b> Jigger boyama projesinde <b>1,19 y\u0131l<\/b>, Padbeach y\u00f6nteminde ise <b>1,33 y\u0131l<\/b> gibi olduk\u00e7a agresif geri d\u00f6n\u00fc\u015f s\u00fcreleri (ROI) ile y\u00fcksek yat\u0131r\u0131m etkinli\u011fi.<\/li>\n<li><b>At\u0131k Y\u00f6netimi:<\/b> 2.220 Kg tehlikeli at\u0131\u011f\u0131n kontroll\u00fc bertaraf\u0131 ile d\u00f6ng\u00fcsel ekonomi uyumu.<\/li>\n<\/ul>\n<p>Bu tablo, ye\u015fil d\u00f6n\u00fc\u015f\u00fcm\u00fcn bir pazarlama arg\u00fcman\u0131ndan ziyade, enerji maliyetlerini d\u00fc\u015f\u00fcren bir &#8220;finansal kalkan&#8221; olarak kullan\u0131ld\u0131\u011f\u0131n\u0131 kan\u0131tl\u0131yor.<\/p>\n<h3>3. \u0130hracat\u0131n &#8220;Do\u011fal Hedge&#8221; Fonksiyonu ve D\u00f6viz Pozisyonu<\/h3>\n<p>\u015eirketin has\u0131lat yap\u0131s\u0131ndaki de\u011fi\u015fim, yerel pazar risklerinden ka\u00e7\u0131nma stratejisinin en somut g\u00f6stergesi. Toplam <b>327,4 milyon TL<\/b> tutar\u0131ndaki net has\u0131lat\u0131n <b>%70\u2019ine tekab\u00fcl eden 226,5 milyon TL&#8217;lik k\u0131sm\u0131<\/b> yurt d\u0131\u015f\u0131 sat\u0131\u015flardan elde edildi.<\/p>\n<ul>\n<li><b>K\u00fcresel Entegrasyon:<\/b> Yurt d\u0131\u015f\u0131 sat\u0131\u015flar\u0131n a\u011f\u0131rl\u0131\u011f\u0131, yerel pazardaki daralman\u0131n etkilerini absorbe ederken, d\u00f6viz bazl\u0131 gelir yap\u0131s\u0131 \u015firkete &#8220;do\u011fal bir hedge&#8221; (korunma) imkan\u0131 sa\u011fl\u0131yor.<\/li>\n<li><b>D\u00f6viz Bor\u00e7lulu\u011fu Analizi:<\/b> Finansal tablolardaki yakla\u015f\u0131k <b>107,4 milyon TL<\/b> tutar\u0131ndaki yabanc\u0131 para y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fc (\u00f6zellikle Euro cinsi krediler), y\u00fcksek ihracat oran\u0131yla dengelenmek zorundad\u0131r. Analist g\u00f6z\u00fcyle bu durum; ihracat\u0131n sadece b\u00fcy\u00fcme de\u011fil, Euro bor\u00e7 servisini s\u00fcrd\u00fcrmek i\u00e7in de stratejik bir zorunluluk oldu\u011funu g\u00f6steriyor.<\/li>\n<\/ul>\n<h3>4. Otomasyonun \u0130nsan Kayna\u011f\u0131na Etkisi: Daha Az Personel, Daha Y\u00fcksek \u00c7\u0131kt\u0131<\/h3>\n<p>L\u00fcks Kadife\u2019nin personel say\u0131s\u0131ndaki de\u011fi\u015fim, sanayi 4.0 d\u00f6n\u00fc\u015f\u00fcm\u00fcn\u00fcn bir mikro \u00f6rne\u011fi niteli\u011finde. 2024 y\u0131l\u0131nda 180 olan ortalama \u00e7al\u0131\u015fan say\u0131s\u0131, 2025\u2019te <b>158\u2019e<\/b> gerilemi\u015f durumda. Bu %12&#8217;lik azal\u0131\u015f, e\u015f zamanl\u0131 yap\u0131lan 32,3 milyon TL&#8217;lik CAPEX (sabit sermaye yat\u0131r\u0131m\u0131) ile birlikte de\u011ferlendirildi\u011finde; i\u015f g\u00fcc\u00fcnden ziyade otomasyon ve verimlilik odakl\u0131 bir b\u00fcy\u00fcme modeline ge\u00e7ildi\u011fini teyit ediyor. \u015eirket, bu optimizasyonu yaparken i\u015f g\u00fcvenli\u011finden \u00f6d\u00fcn vermeyerek &#8220;insan&#8221; oda\u011f\u0131n\u0131 koruyor:<\/p>\n<p>&#8220;S\u0131f\u0131r i\u015f kazas\u0131 ve s\u0131f\u0131r meslek hastal\u0131\u011f\u0131 hedefini benimseyerek, operasyonel verimlili\u011fimizi \u0130SG standartlar\u0131yla b\u00fct\u00fcnle\u015fik bir \u015fekilde y\u00f6netiyoruz.&#8221;<\/p>\n<p><i>Not: 2024 y\u0131l\u0131nda \u00e7al\u0131\u015fan ba\u015f\u0131na d\u00fc\u015fen ortalama 12 saatlik \u0130SG e\u011fitimi, bu taahh\u00fcd\u00fcn kurumsal haf\u0131zadaki yerini destekliyor.<\/i><\/p>\n<h3>5. Bor\u00e7 Kompozisyonunda Radikal De\u011fi\u015fim ve TMS 29 Etkisi<\/h3>\n<p>TMS 29 (Enflasyon Muhasebesi) uygulamas\u0131, \u015firketin zarar tablosunu daha ger\u00e7ek\u00e7i bir zemine ta\u015f\u0131d\u0131. 2024&#8217;\u00fcn restated (d\u00fczeltilmi\u015f) verilerine g\u00f6re 84,9 milyon TL olan net d\u00f6nem zarar\u0131, 2025&#8217;in ayn\u0131 d\u00f6neminde <b>39,4 milyon TL\u2019ye<\/b> gerileyerek <b>%53 oran\u0131nda bir iyile\u015fme<\/b> kaydetti. Ancak as\u0131l stratejik ba\u015far\u0131, bilan\u00e7onun bor\u00e7 vadesi kompozisyonunda gizli.<\/p>\n<p><b>Finansal Dayan\u0131kl\u0131l\u0131k G\u00f6stergeleri:<\/b><\/p>\n<ul>\n<li><b>K\u0131sa Vadeli Bor\u00e7lanmalarda Keskin D\u00fc\u015f\u00fc\u015f:<\/b> 2024 sonunda 174,6 milyon TL olan k\u0131sa vadeli banka kredileri, 2025 Eyl\u00fcl itibar\u0131yla <b>37,7 milyon TL\u2019ye<\/b> \u00e7ekilmi\u015ftir. Bu, \u015firketin bor\u00e7lar\u0131n\u0131 uzun vadeye yayd\u0131\u011f\u0131n\u0131 veya \u00f6z kaynaklar\u0131yla fonlad\u0131\u011f\u0131n\u0131 g\u00f6steren muhafazakar bir mali politika de\u011fi\u015fimidir.<\/li>\n<li><b>Likidite G\u00fcc\u00fc:<\/b> <b>1,77<\/b> seviyesindeki cari oran, borca bat\u0131kl\u0131k riskinin bulunmad\u0131\u011f\u0131n\u0131 ve \u015firketin k\u0131sa vadeli y\u00fck\u00fcml\u00fcl\u00fcklerini kar\u015f\u0131lama kapasitesinin olduk\u00e7a sa\u011fl\u0131kl\u0131 oldu\u011funu kan\u0131tl\u0131yor.<\/li>\n<li><b>Enflasyon Maliyeti:<\/b> \u015eirketin 18,1 milyon TL tutar\u0131nda &#8220;Net Parasal Pozisyon Kayb\u0131&#8221; yazmas\u0131, y\u00fcksek enflasyonun nakit varl\u0131klar \u00fczerindeki erozif etkisinin bir yans\u0131mas\u0131d\u0131r.<\/li>\n<\/ul>\n<h3>6. Sertifikasyon: Etik \u00dcretimden Pazar Eri\u015fimine<\/h3>\n<p>L\u00fcks Kadife\u2019nin sahip oldu\u011fu <b>GRS (Global Recycle Standard)<\/b>, <b>OCS (Organic Content Standard)<\/b> ve <b>OEKO-TEX<\/b> gibi sertifikalar, art\u0131k sadece birer &#8220;etik tercih&#8221; de\u011fil; k\u00fcresel l\u00fcks tekstil zincirlerine eri\u015fim i\u00e7in birer &#8220;vize&#8221; niteli\u011fi ta\u015f\u0131yor. \u015eirketin \u00e7ocuk i\u015f\u00e7i \u00e7al\u0131\u015ft\u0131rma konusundaki s\u0131f\u0131r tolerans\u0131 ve sembolik (5.400 TL) ancak ESG (\u00c7evresel, Sosyal, Y\u00f6neti\u015fim) ilkelerine ba\u011fl\u0131 ba\u011f\u0131\u015f politikas\u0131, markan\u0131n global arenadaki prestijini koruyan stratejik unsurlard\u0131r.<\/p>\n<h3>7. Sonu\u00e7: Gelece\u011fin Kayseri Sanayicisi \u0130\u00e7in Yeni Yol Haritas\u0131<\/h3>\n<p>L\u00fcks Kadife&#8217;nin 2025 karnesi; bor\u00e7 vadesini k\u0131saltan, ihracatla d\u00f6viz pozisyonunu dengeleyen ve otomasyonla personel verimlili\u011fini art\u0131ran bir sanayi stratejisinin \u00fcr\u00fcn\u00fcd\u00fcr. Zarar\u0131n %53 oran\u0131nda daralt\u0131lmas\u0131, y\u00fcksek enflasyon ortam\u0131nda operasyonel k\u00e2rl\u0131l\u0131\u011f\u0131n finansal disiplinle desteklendi\u011fini g\u00f6steriyor.<\/p>\n<p>Peki, tekstil gibi emek-yo\u011fun ve geleneksel bir sekt\u00f6r\u00fcn temsilcileri, Avrupa Ye\u015fil Mutabakat\u0131&#8217;n\u0131n getirdi\u011fi bu yeni d\u00fcnya d\u00fczeninde dijital ve ye\u015fil d\u00f6n\u00fc\u015f\u00fcm\u00fc &#8220;geleneksel sanayici&#8221; refleksiyle mi, yoksa \u00e7evik bir teknoloji \u015firketi vizyonuyla m\u0131 y\u00f6netecek? L\u00fcks Kadife&#8217;nin 2025 performans\u0131, bu sorunun cevab\u0131n\u0131n &#8220;verimlilik&#8221; odakl\u0131 bir de\u011fi\u015fimden ge\u00e7ti\u011fini a\u00e7\u0131k\u00e7a ortaya koyuyor.<\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"color: #0000ff;\">L\u00fcks Kadife Ticaret ve Sanayi A.\u015e. 2025 Y\u0131l\u0131 III. \u00c7eyrek Bilgilendirme Raporu<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, L\u00fcks Kadife Ticaret ve Sanayi A.\u015e.&#8217;nin (&#8220;\u015eirket&#8221;) 30 Eyl\u00fcl 2025 tarihinde sona eren 9 ayl\u0131k ara hesap d\u00f6nemine ait finansal sonu\u00e7lar\u0131n\u0131, operasyonel faaliyetlerini ve stratejik konumunu analiz etmektedir. 2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131, \u015eirket i\u00e7in has\u0131lat\u0131n darald\u0131\u011f\u0131 ve net d\u00f6nem zarar\u0131 ile sonu\u00e7lanan zorlu bir piyasa konjonkt\u00fcr\u00fcn\u00fc yans\u0131tmaktad\u0131r. Toplam varl\u0131klar 1,86 milyar TL seviyesinde ger\u00e7ekle\u015firken, \u00f6zkaynaklar 1,35 milyar TL ile g\u00fc\u00e7l\u00fc yap\u0131s\u0131n\u0131 korumaktad\u0131r. \u015eirket, operasyonel verimlili\u011fi art\u0131rmak ve maliyetleri d\u00fc\u015f\u00fcrmek amac\u0131yla enerji tasarrufu projelerine ve yenilenebilir enerji yat\u0131r\u0131mlar\u0131na odaklanm\u0131\u015ft\u0131r. \u0130hracat, toplam sat\u0131\u015flar\u0131n yakla\u015f\u0131k %69&#8217;unu olu\u015fturarak \u015eirket&#8217;in en \u00f6nemli gelir kalemini te\u015fkil etmeye devam etmektedir.<\/p>\n<h2>1. Kurumsal Profil ve Organizasyon Yap\u0131s\u0131<\/h2>\n<p>1972 y\u0131l\u0131nda Kayseri\u2019de kurulan L\u00fcks Kadife, d\u00f6\u015femelik, perdelik ve konfeksiyonculuk kadife kuma\u015f \u00fcretimi ve sat\u0131\u015f\u0131 alan\u0131nda faaliyet g\u00f6stermektedir.<\/p>\n<ul>\n<li><b>Sermaye Yap\u0131s\u0131:<\/b> \u015eirket&#8217;in 28.000.000 TL \u00f6denmi\u015f sermayesi bulunmaktad\u0131r. Ortakl\u0131k yap\u0131s\u0131 Y\u0131lmaz K\u00fc\u00e7\u00fck\u00e7al\u0131k (%40,02), Ya\u015far K\u00fc\u00e7\u00fck\u00e7al\u0131k (%40,01) ve halka arz edilen k\u0131s\u0131mdan (%19,97) olu\u015fmaktad\u0131r. Halka a\u00e7\u0131kl\u0131k oran\u0131 %16,96&#8217;d\u0131r.<\/li>\n<li><b>\u0130nsan Kaynaklar\u0131:<\/b> 2024 y\u0131l\u0131nda 180 olan ortalama personel say\u0131s\u0131, 2025&#8217;in ilk dokuz ay\u0131nda 158&#8217;e gerilemi\u015ftir.<\/li>\n<li><b>Y\u00f6netim Kurulu:<\/b> Ya\u015far K\u00fc\u00e7\u00fck\u00e7al\u0131k (Ba\u015fkan) ve Y\u0131lmaz K\u00fc\u00e7\u00fck\u00e7al\u0131k (Ba\u015fkan Vekili) liderli\u011findeki kurulda, kurumsal y\u00f6netim ilkeleri uyar\u0131nca ba\u011f\u0131ms\u0131z \u00fcyeler de g\u00f6rev almaktad\u0131r.<\/li>\n<\/ul>\n<h2>2. Finansal Performans Analizi<\/h2>\n<p>\u015eirket&#8217;in finansal tablolar\u0131, TMS 29 &#8220;Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama&#8221; standard\u0131 uyar\u0131nca enflasyon d\u00fczeltmesine tabi tutularak sunulmu\u015ftur.<\/p>\n<h3>2.1. Kar veya Zarar Tablosu \u00d6zeti<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem (TL)<\/td>\n<td>01.01. &#8211; 30.09.2025<\/td>\n<td>01.01. &#8211; 30.09.2024<\/td>\n<\/tr>\n<tr>\n<td><b>Has\u0131lat<\/b><\/td>\n<td>327.450.996<\/td>\n<td>407.701.293<\/td>\n<\/tr>\n<tr>\n<td><b>Sat\u0131\u015flar\u0131n Maliyeti<\/b><\/td>\n<td>(271.956.946)<\/td>\n<td>(246.437.629)<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct Kar<\/b><\/td>\n<td>55.494.050<\/td>\n<td>161.263.664<\/td>\n<\/tr>\n<tr>\n<td><b>Esas Faaliyet Kar\u0131<\/b><\/td>\n<td>3.221.727<\/td>\n<td>64.843.274<\/td>\n<\/tr>\n<tr>\n<td><b>Net D\u00f6nem Kar\u0131 \/ (Zarar\u0131)<\/b><\/td>\n<td>(39.477.788)<\/td>\n<td>39.345.857<\/td>\n<\/tr>\n<tr>\n<td><b>Pay Ba\u015f\u0131na Kazan\u00e7\/(Kay\u0131p)<\/b><\/td>\n<td>(0,014)<\/td>\n<td>0,014<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Analiz:<\/b> Has\u0131latta ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re yakla\u015f\u0131k %19,7&#8217;lik bir d\u00fc\u015f\u00fc\u015f g\u00f6zlemlenmi\u015ftir. Sat\u0131\u015flar\u0131n maliyetindeki art\u0131\u015f ve br\u00fct kar marj\u0131ndaki daralma, net d\u00f6nem zarar\u0131n\u0131n temel belirleyicileri olmu\u015ftur.<\/p>\n<h3>2.2. Finansal Durum (Bilan\u00e7o) \u00d6zeti<\/h3>\n<ul>\n<li><b>Toplam Varl\u0131klar:<\/b> 30 Eyl\u00fcl 2025 itibar\u0131yla 1.865.615.003 TL&#8217;dir (31 Aral\u0131k 2024: 1.992.685.215 TL).<\/li>\n<li><b>D\u00f6nen Varl\u0131klar:<\/b> 281.095.766 TL. Stoklar (113,2 milyon TL) ve ticari alacaklar (103,7 milyon TL) en b\u00fcy\u00fck kalemlerdir.<\/li>\n<li><b>Duran Varl\u0131klar:<\/b> 1.584.519.237 TL. Bu kalem i\u00e7inde maddi duran varl\u0131klar (852,1 milyon TL) ve yat\u0131r\u0131m ama\u00e7l\u0131 gayrimenkuller (732,3 milyon TL) \u00f6ne \u00e7\u0131kmaktad\u0131r.<\/li>\n<li><b>Toplam Y\u00fck\u00fcml\u00fcl\u00fckler:<\/b> 508.514.762 TL. K\u0131sa vadeli y\u00fck\u00fcml\u00fcl\u00fckler 158,5 milyon TL, uzun vadeli y\u00fck\u00fcml\u00fcl\u00fckler ise 350 milyon TL seviyesindedir.<\/li>\n<li><b>\u00d6zkaynaklar:<\/b> 1.357.100.241 TL.<\/li>\n<\/ul>\n<h3>2.3. Temel Finansal Oranlar<\/h3>\n<ul>\n<li><b>Cari Oran:<\/b> 1,77 (31.12.2024: 1,37)<\/li>\n<li><b>Likidite Oran\u0131:<\/b> 1,06 (31.12.2024: 0,90)<\/li>\n<li><b>Bor\u00e7lar \/ \u00d6zkaynaklar:<\/b> 0,37<\/li>\n<li><b>Net Finansal Bor\u00e7 \/ Toplam Sermaye:<\/b> %5,82<\/li>\n<\/ul>\n<h2>3. Sat\u0131\u015flar ve Operasyonel Faaliyetler<\/h2>\n<p>\u015eirket&#8217;in sat\u0131\u015f stratejisi b\u00fcy\u00fck \u00f6l\u00e7\u00fcde d\u0131\u015f pazarlara odakl\u0131d\u0131r.<\/p>\n<ul>\n<li><b>Yurt D\u0131\u015f\u0131 Sat\u0131\u015flar:<\/b> 226.504.384 TL (Toplam net sat\u0131\u015flar\u0131n %69,1&#8217;i).<\/li>\n<li><b>Yurt \u0130\u00e7i Sat\u0131\u015flar:<\/b> 103.154.950 TL.<\/li>\n<li><b>Yat\u0131r\u0131mlar:<\/b> Rapor d\u00f6neminde 32.324.008 TL tutar\u0131nda sabit k\u0131ymet yat\u0131r\u0131m\u0131 yap\u0131lm\u0131\u015ft\u0131r. Bu yat\u0131r\u0131mlar makine park\u0131 modernizasyonu ve kapasite etkinli\u011fini art\u0131rmaya y\u00f6neliktir.<\/li>\n<\/ul>\n<h2>4. Risk Y\u00f6netimi ve Stratejik Yakla\u015f\u0131mlar<\/h2>\n<p>L\u00fcks Kadife, kar\u015f\u0131la\u015ft\u0131\u011f\u0131 riskleri proaktif bir yakla\u015f\u0131mla y\u00f6netmeyi hedeflemektedir:<\/p>\n<ul>\n<li><b>Kur Riski:<\/b> \u015eirket&#8217;in net yabanc\u0131 para pozisyonu 6.035.986 TL (eksi) seviyesindedir. D\u00f6viz riskine kar\u015f\u0131 ihracat gelirleri do\u011fal bir koruma sa\u011flamakta, ayr\u0131ca t\u00fcrev i\u015flem limitleri kullan\u0131lmaktad\u0131r.<\/li>\n<li><b>Ticari Alacak Riski:<\/b> Yurt d\u0131\u015f\u0131 alacaklar T\u00fcrk Exim Bank A.\u015e., yurt i\u00e7i alacaklar ise devlet destekli ticari alacak sigorta poli\u00e7esi kapsam\u0131nda sigortalanmaktad\u0131r.<\/li>\n<li><b>Likidite Riski:<\/b> Nakit ak\u0131\u015flar\u0131 d\u00fczenli izlenmekte ve varl\u0131k-y\u00fck\u00fcml\u00fcl\u00fck vade uyumuna dikkat edilmektedir.<\/li>\n<li><b>Sermaye ve Borca Bat\u0131kl\u0131k:<\/b> TTK 376 uyar\u0131nca yap\u0131lan hesaplamalarda, bina ve arsalar\u0131n yeniden de\u011ferleme farklar\u0131 dikkate al\u0131nd\u0131\u011f\u0131nda \u015eirket&#8217;in borca bat\u0131k olmad\u0131\u011f\u0131 ve \u00f6zkaynak yap\u0131s\u0131n\u0131n g\u00fc\u00e7l\u00fc oldu\u011fu teyit edilmi\u015ftir.<\/li>\n<\/ul>\n<h2>5. S\u00fcrd\u00fcr\u00fclebilirlik ve \u00c7SY (\u00c7evresel, Sosyal, Y\u00f6neti\u015fim)<\/h2>\n<p>\u015eirket, &#8220;Operasyonel \u0130\u015f M\u00fckemmelli\u011fi&#8221; prensibiyle s\u00fcrd\u00fcr\u00fclebilirlik ilkelerine uyum sa\u011flamaya \u00e7al\u0131\u015fmaktad\u0131r.<\/p>\n<h3>5.1. \u00c7evresel Performans ve Enerji<\/h3>\n<ul>\n<li><b>Yenilenebilir Enerji:<\/b> 2025&#8217;in ilk 9 ay\u0131nda 1.265.753 kWh yenilenebilir elektrik \u00fcretilmi\u015ftir. G\u00fcne\u015f enerjisi sistemleri (GES) aktif olarak kullan\u0131lmaktad\u0131r.<\/li>\n<li><b>Enerji Tasarrufu Projeleri:<\/b> Jigger boya makinesi kullan\u0131m\u0131 ve Padbeach y\u00f6ntemi ile do\u011falgaz sarfiyat\u0131n\u0131n azalt\u0131lmas\u0131 hedeflenmektedir. Bu projelerin geri d\u00f6n\u00fc\u015f s\u00fcreleri s\u0131ras\u0131yla 1,19 ve 1,33 y\u0131l olarak hesaplanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Sertifikalar:<\/b> \u015eirket ISO 14001 (\u00c7evre), ISO 50001 (Enerji), OCS (Organic Content Standard) ve GRS (Global Recycle Standard) sertifikalar\u0131na sahiptir.<\/li>\n<\/ul>\n<h3>5.2. Sosyal Sorumluluk ve \u00c7al\u0131\u015fan Haklar\u0131<\/h3>\n<ul>\n<li><b>E\u011fitim:<\/b> 2024 y\u0131l\u0131nda \u00e7al\u0131\u015fanlar ortalama 12 saat \u0130\u015f Sa\u011fl\u0131\u011f\u0131 ve G\u00fcvenli\u011fi e\u011fitimi alm\u0131\u015ft\u0131r.<\/li>\n<li><b>\u0130\u015f Sa\u011fl\u0131\u011f\u0131:<\/b> 2025 d\u00f6neminde \u00f6l\u00fcmle sonu\u00e7lanan kaza ya\u015fanmam\u0131\u015f, 8 kay\u0131tl\u0131 kaza meydana gelmi\u015ftir.<\/li>\n<li><b>\u0130nsan Haklar\u0131:<\/b> \u00c7ocuk i\u015f\u00e7i \u00e7al\u0131\u015ft\u0131r\u0131lmas\u0131na kesinlikle kar\u015f\u0131 \u00e7\u0131k\u0131lmakta, i\u015fe al\u0131m ve \u00fccretlendirmede ayr\u0131mc\u0131l\u0131k yap\u0131lmad\u0131\u011f\u0131 beyan edilmektedir.<\/li>\n<\/ul>\n<h2>6. \u00d6nemli Dipnotlar ve Gelecek Beklentileri<\/h2>\n<ul>\n<li><b>Dava S\u00fcre\u00e7leri:<\/b> \u015eirket aleyhine mali durumu \u00f6nemli \u00f6l\u00e7\u00fcde etkileyecek nitelikte bir dava bulunmamaktad\u0131r.<\/li>\n<li><b>Ar-Ge:<\/b> Cari d\u00f6nemde ara\u015ft\u0131rma ve geli\u015ftirme faaliyeti bulunmamaktad\u0131r.<\/li>\n<li><b>Gelecek \u00d6ng\u00f6r\u00fcs\u00fc:<\/b> \u015eirket, makine park\u0131 modernizasyonu, enerji maliyetlerinin d\u00fc\u015f\u00fcr\u00fclmesi ve nitelikli kuma\u015f \u00fcretimiyle karl\u0131l\u0131\u011f\u0131 ve \u00f6zkaynak yap\u0131s\u0131n\u0131 g\u00fc\u00e7lendirmeyi hedeflemektedir. Etkin risk y\u00f6netimi ve proaktif yakla\u015f\u0131mlarla finansal yap\u0131n\u0131n iyile\u015fmesi beklenmektedir.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"264\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Kayseri\u2019den K\u00fcresel Vitrine: L\u00fcks Kadife\u2019nin 2025 Finansal Karnesinden \u015ea\u015f\u0131rt\u0131c\u0131 5 \u00c7\u0131kar\u0131m 1. Giri\u015f: Tekstilde Gelenek ve Hiper-Enflasyonun \u00c7arp\u0131\u015fmas\u0131 1972 y\u0131l\u0131nda Kayseri\u2019de temelleri at\u0131lan L\u00fcks Kadife, yar\u0131m asr\u0131 a\u015fan \u00fcretim gelene\u011fini 2025 y\u0131l\u0131n\u0131n volatil ekonomik atmosferinde ciddi bir s\u0131navdan ge\u00e7iriyor. Sekt\u00f6rel&#8230; <\/p>\n","protected":false},"author":1,"featured_media":265,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[47],"class_list":["post-264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-luksk"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/264","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=264"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/264\/revisions"}],"predecessor-version":[{"id":266,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/264\/revisions\/266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/265"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}