{"id":639,"date":"2025-12-28T02:37:57","date_gmt":"2025-12-27T23:37:57","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=639"},"modified":"2025-12-28T19:28:08","modified_gmt":"2025-12-28T16:28:08","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-alklc-altinkilic-gida-ve-sut-sanayi-ticaret-2025-9-bilanco-analizi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/639","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #ALKLC | Alt\u0131nk\u0131l\u0131\u00e7 G\u0131da Ve S\u00fct Sanayi Ticaret 2025\/9 Bilan\u00e7o Analizi"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #ALKLC | Alt\u0131nk\u0131l\u0131\u00e7 G\u0131da Ve S\u00fct Sanayi Ticaret 2025\/9 Bilan\u00e7o Analizi\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/jbJ-ulAZzP8?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>Kefirden Konuta: Alt\u0131nk\u0131l\u0131\u00e7&#8217;\u0131n Finansal Raporlar\u0131ndan \u00c7\u0131kan 4 \u00c7arp\u0131c\u0131 Ger\u00e7ek<\/h1>\n<h3>Giri\u015f: Raf\u0131n\u0131zdaki Peynir Markas\u0131n\u0131n Ard\u0131ndaki S\u00fcrpriz Strateji<\/h3>\n<p>\u00c7o\u011fumuz Alt\u0131nk\u0131l\u0131\u00e7 markas\u0131n\u0131 market raflar\u0131ndaki kefir ve peynir \u00e7e\u015fitleriyle tan\u0131r\u0131z. Ancak \u015firketin son d\u00f6nem finansal ve faaliyet raporlar\u0131 incelendi\u011finde, bu tan\u0131d\u0131k s\u00fct \u00fcr\u00fcnleri markas\u0131n\u0131n ard\u0131nda s\u00fcpermarket reyonlar\u0131n\u0131n \u00e7ok \u00f6tesine uzanan \u015fa\u015f\u0131rt\u0131c\u0131 derecede dinamik ve \u00e7ok y\u00f6nl\u00fc bir strateji oldu\u011fu ortaya \u00e7\u0131k\u0131yor. Bu raporlar, sadece rakamlardan ibaret de\u011fil; ayn\u0131 zamanda \u015firketin gelece\u011fe y\u00f6nelik cesur vizyonunu da g\u00f6zler \u00f6n\u00fcne seriyor. \u0130\u015fte Alt\u0131nk\u0131l\u0131\u00e7&#8217;\u0131n raporlar\u0131ndan derledi\u011fimiz, \u015firketin gelece\u011fine \u0131\u015f\u0131k tutan en \u00e7arp\u0131c\u0131 d\u00f6rt ger\u00e7ek.<\/p>\n<h3>1. S\u00fct Tesisleri L\u00fcks Konut Projelerine D\u00f6n\u00fc\u015f\u00fcyor<\/h3>\n<p>Bir g\u0131da \u00fcreticisinden beklenmeyecek bir hamleyle Alt\u0131nk\u0131l\u0131\u00e7, gayrimenkul sekt\u00f6r\u00fcne stratejik bir ad\u0131m at\u0131yor. \u015eirket, \u00fcretimini Bal\u0131kesir&#8217;deki eski G\u00f6me\u00e7 tesisinden, yine Bal\u0131kesir&#8217;de kurulan daha b\u00fcy\u00fck ve modern Burhaniye fabrikas\u0131na ta\u015f\u0131yor. Bu ge\u00e7i\u015fle birlikte at\u0131l duruma gelen G\u00f6me\u00e7 tesisinin bulundu\u011fu arsa \u00fczerinde yakla\u015f\u0131k 200 dairelik bir konut projesi geli\u015ftirmeyi planl\u0131yor.<\/p>\n<p>Benzer bir plan, gelecekte \u015firketin \u00c7anakkale&#8217;deki Ezine \u00fcretim tesisi i\u00e7in de masada. Bu tesisin de ta\u015f\u0131nmas\u0131yla bo\u015falacak araziye yakla\u015f\u0131k 400 dairelik bir proje yap\u0131lmas\u0131 hedefleniyor. Bu stratejinin en dikkat \u00e7ekici yan\u0131 ise finansal modeli: Alt\u0131nk\u0131l\u0131\u00e7, bu projeler i\u00e7in herhangi bir finansman ay\u0131rmayacak. Bunun yerine, &#8220;kat kar\u015f\u0131l\u0131\u011f\u0131&#8221; veya &#8220;has\u0131lat payla\u015f\u0131m\u0131&#8221; gibi modellerle projeleri hayata ge\u00e7irmeyi planl\u0131yor. Bu modeller sayesinde Alt\u0131nk\u0131l\u0131\u00e7, in\u015faat maliyetlerini ve riskini bir m\u00fcteahhide devrederek, nakit \u00e7\u0131k\u0131\u015f\u0131 yapmadan arsas\u0131n\u0131n de\u011ferini konuta d\u00f6n\u00fc\u015ft\u00fcrm\u00fc\u015f olacakt\u0131r. Bu s\u0131f\u0131r sermayeli gayrimenkul geli\u015ftirme modeli, \u015firketin ayn\u0131 anda Burhaniye&#8217;deki dev fabrika yat\u0131r\u0131m\u0131n\u0131 finanse ederken, at\u0131l varl\u0131klar\u0131ndan da maksimum de\u011fer yaratmas\u0131n\u0131 sa\u011flayan ak\u0131lc\u0131 bir sermaye tahsisi stratejisidir.<\/p>\n<h3>2. Zarardan K\u00e2ra: Bir Y\u0131lda 144 Milyon TL&#8217;lik Etkileyici Geri D\u00f6n\u00fc\u015f<\/h3>\n<p>Finansal tablolar, \u015firketin operasyonel verimlili\u011findeki \u00e7arp\u0131c\u0131 iyile\u015fmeyi net bir \u015fekilde g\u00f6steriyor. Raporlara g\u00f6re Alt\u0131nk\u0131l\u0131\u00e7, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6neminde (30.09.2024 itibar\u0131yla) <b>66.403.992 TL net zarar<\/b> a\u00e7\u0131klam\u0131\u015ft\u0131. Ancak bir y\u0131l sonra, 30.09.2025 itibar\u0131yla inan\u0131lmaz bir geri d\u00f6n\u00fc\u015fe imza atarak <b>77.903.305 TL net k\u00e2r<\/b> elde etti.<\/p>\n<p>Bu, bir y\u0131l i\u00e7inde yakla\u015f\u0131k 144 milyon TL&#8217;lik pozitif bir finansal sal\u0131n\u0131m anlam\u0131na geliyor. Bu etkileyici geri d\u00f6n\u00fc\u015f\u00fcn sadece maliyet optimizasyonu ile de\u011fil, ayn\u0131 zamanda g\u00fc\u00e7l\u00fc bir ciro art\u0131\u015f\u0131yla desteklenmesi dikkat \u00e7ekici. \u015eirketin net sat\u0131\u015flar\u0131 ayn\u0131 d\u00f6nemde yakla\u015f\u0131k 3,1 milyar TL&#8217;den 3,6 milyar TL&#8217;ye y\u00fckselmi\u015f durumda. Dolay\u0131s\u0131yla zarardan g\u00fc\u00e7l\u00fc bir k\u00e2rl\u0131l\u0131\u011fa ge\u00e7i\u015f, \u015firketin son d\u00f6nemdeki operasyonel ba\u015far\u0131s\u0131n\u0131 ve b\u00fcy\u00fcme odakl\u0131 finansal disiplinini kan\u0131tlayan en somut g\u00f6stergelerden biri olarak \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n<h3>3. Sadece Bir G\u0131da \u00dcreticisi De\u011fil, Bir \u0130novasyon Merkezi<\/h3>\n<p>Alt\u0131nk\u0131l\u0131\u00e7, T\u00fcrkiye&#8217;nin ilk end\u00fcstriyel kefir \u00fcreticisi olma unvan\u0131n\u0131 ta\u015f\u0131yor ve bu \u00f6nc\u00fc rol\u00fcn\u00fc inovasyon odakl\u0131 yakla\u015f\u0131m\u0131yla s\u00fcrd\u00fcr\u00fcyor. \u015eirketin \u00c7anakkale&#8217;deki Ezine \u00fcretim tesisinde bulunan \u00f6zel \u00dcr\u00fcn Geli\u015ftirme (\u00dcr-Ge) merkezi, bu yakla\u015f\u0131m\u0131n kalbini olu\u015fturuyor.<\/p>\n<p>Bu merkezdeki \u00e7al\u0131\u015fmalar\u0131n en bilinen meyvelerinden biri, 2016 y\u0131l\u0131nda piyasaya s\u00fcr\u00fclen &#8220;Kefirli Yo\u011furt&#8221;. Ege \u00dcniversitesi ile y\u00fcr\u00fct\u00fclen 3 y\u0131ll\u0131k bir \u00fcr\u00fcn geli\u015ftirme s\u00fcrecinin sonunda ortaya \u00e7\u0131kan bu \u00fcr\u00fcn, T\u00fcrkiye&#8217;de bir ilkti. \u015eirketin inovasyon i\u015ftah\u0131 bununla da s\u0131n\u0131rl\u0131 de\u011fil. Raporlarda, pazar trendlerine uyum sa\u011flama hedefiyle Vegan \u00fcr\u00fcnler ve Mozzarella gibi yeni \u00fcr\u00fcn gruplar\u0131 \u00fczerinde geli\u015ftirme \u00e7al\u0131\u015fmalar\u0131n\u0131n devam etti\u011fi belirtiliyor. Bu durum, Alt\u0131nk\u0131l\u0131\u00e7&#8217;\u0131 geleneksel bir \u00fcreticiden \u00e7ok, gelece\u011fe yat\u0131r\u0131m yapan bir inovasyon merkezi olarak konumland\u0131r\u0131yor.<\/p>\n<h3>4. Dev Yat\u0131r\u0131mla Kapasitesini Neredeyse D\u00f6rde Katl\u0131yor<\/h3>\n<p>\u015eirketin b\u00fcy\u00fcme hedefleri, Burhaniye Organize Sanayi B\u00f6lgesi&#8217;nde (OSB) hayata ge\u00e7irdi\u011fi yeni fabrika yat\u0131r\u0131m\u0131yla somutla\u015f\u0131yor. Bu yat\u0131r\u0131m\u0131n \u00f6l\u00e7e\u011fi, \u015firketin gelecek vizyonu hakk\u0131nda net bir fikir veriyor. Raporlardaki rakamlar olduk\u00e7a \u00e7arp\u0131c\u0131: Yeni tesisin kapal\u0131 alan\u0131, eski G\u00f6me\u00e7 tesisinin tam 5 kat\u0131 b\u00fcy\u00fckl\u00fc\u011f\u00fcnde. Daha da \u00f6nemlisi, yeni fabrikan\u0131n s\u00fct i\u015fleme kapasitesinin G\u00f6me\u00e7&#8217;e k\u0131yasla yakla\u015f\u0131k 4 kat daha fazla olmas\u0131 \u00f6ng\u00f6r\u00fcl\u00fcyor.<\/p>\n<p>2025 y\u0131l\u0131 i\u00e7inde Burhaniye ve Ezine tesislerinin toplam g\u00fcnl\u00fck s\u00fct i\u015fleme kapasitesinin <b>530 tona<\/b> ula\u015fmas\u0131 planlan\u0131yor. Bu devasa kapasite art\u0131\u015f\u0131, Alt\u0131nk\u0131l\u0131\u00e7&#8217;\u0131n T\u00dc\u0130K verileriyle de teyit edilen ve peynirden yo\u011furda b\u00fcy\u00fcyen i\u00e7 pazardaki pay\u0131n\u0131 geni\u015fletme konusundaki kararl\u0131 tutumunun a\u00e7\u0131k bir kan\u0131t\u0131d\u0131r.<\/p>\n<h3>Sonu\u00e7: Bir Markadan Daha Fazlas\u0131<\/h3>\n<p>Alt\u0131nk\u0131l\u0131\u00e7&#8217;\u0131n finansal raporlar\u0131, market raflar\u0131nda g\u00f6rd\u00fc\u011f\u00fcm\u00fcz markan\u0131n \u00e7ok daha \u00f6tesinde bir yap\u0131ya i\u015faret ediyor. \u015eirket, geleneksel bir s\u00fct \u00fcr\u00fcnleri \u00fcreticisi kimli\u011finden s\u0131yr\u0131larak gayrimenkul, inovasyon ve dev kapasite art\u0131\u015flar\u0131 gibi cesur stratejilerle kendini yeniden tan\u0131ml\u0131yor.<\/p>\n<p>Bu d\u00f6n\u00fc\u015f\u00fcm akla \u015fu soruyu getiriyor: G\u0131da sekt\u00f6r\u00fcndeki k\u00f6kl\u00fc bir markan\u0131n gayrimenkul gibi farkl\u0131 bir alana stratejik olarak y\u00f6nelmesi, gelece\u011fin esnek ve \u00e7ok y\u00f6nl\u00fc \u015firket modelinin bir i\u015fareti olabilir mi?<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h1>Alt\u0131nk\u0131l\u0131\u00e7 G\u0131da ve S\u00fct Sanayi Ticaret A.\u015e. 30.09.2025 D\u00f6nemi Bilgilendirme Raporu<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu rapor, Alt\u0131nk\u0131l\u0131\u00e7 G\u0131da ve S\u00fct Sanayi Ticaret A.\u015e.&#8217;nin 30 Eyl\u00fcl 2025 tarihinde sona eren dokuz ayl\u0131k d\u00f6neme ili\u015fkin faaliyetlerini, stratejik geli\u015fmelerini ve finansal performans\u0131n\u0131 \u00f6zetlemektedir. \u015eirket, bu d\u00f6nemde hem operasyonel b\u00fcy\u00fcme hem de stratejik yat\u0131r\u0131mlar alan\u0131nda \u00f6nemli ad\u0131mlar atm\u0131\u015ft\u0131r.<\/p>\n<p>\u00d6ne \u00e7\u0131kan temel bulgular \u015funlard\u0131r:<\/p>\n<ul>\n<li><b>G\u00fc\u00e7l\u00fc Finansal Performans:<\/b> \u015eirket, 2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131nda net sat\u0131\u015flar\u0131n\u0131 bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re art\u0131rarak 3,6 milyar TL&#8217;ye ula\u015ft\u0131rm\u0131\u015ft\u0131r. D\u00f6nem net kar\u0131, ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki 66,4 milyon TL zarara k\u0131yasla 77,9 milyon TL kar olarak ger\u00e7ekle\u015fmi\u015ftir. Bu, operasyonel verimlilik ve gelir art\u0131\u015f\u0131nda \u00f6nemli bir iyile\u015fmeye i\u015faret etmektedir.<\/li>\n<li><b>Stratejik Kapasite Art\u0131\u015f\u0131:<\/b> Burhaniye Organize Sanayi B\u00f6lgesi&#8217;ndeki yeni fabrika yat\u0131r\u0131m\u0131 tamamlanarak Aral\u0131k 2024 itibar\u0131yla tam kapasite faaliyete ge\u00e7mi\u015ftir. Mevcut G\u00f6me\u00e7 tesisinin 5 kat\u0131 kapal\u0131 alana ve yakla\u015f\u0131k 4 kat\u0131 s\u00fct i\u015fleme kapasitesine sahip olan bu tesis, \u015firketin \u00fcretim g\u00fcc\u00fcn\u00fc ve \u00fcr\u00fcn \u00e7e\u015fitlili\u011fini (yeni Mozarella \u00fcretimi dahil) \u00f6nemli \u00f6l\u00e7\u00fcde art\u0131rm\u0131\u015ft\u0131r. 2025 y\u0131l\u0131 i\u00e7inde Burhaniye ve Ezine tesislerinin toplam g\u00fcnl\u00fck s\u00fct i\u015fleme kapasitesinin 530 tona ula\u015fmas\u0131 hedeflenmektedir.<\/li>\n<li><b>Gayrimenkul Geli\u015ftirme Stratejisi:<\/b> \u00dcretimin Burhaniye&#8217;ye ta\u015f\u0131nmas\u0131yla at\u0131l duruma gelen G\u00f6me\u00e7&#8217;teki arsa \u00fczerine yakla\u015f\u0131k 200 dairelik bir konut projesi geli\u015ftirilmesi i\u00e7in \u00f6n g\u00f6r\u00fc\u015fmelere ba\u015flanm\u0131\u015ft\u0131r. Benzer \u015fekilde, Ezine&#8217;deki mevcut tesisin G\u0131da \u0130htisas OSB&#8217;ye ta\u015f\u0131nmas\u0131yla bo\u015falacak arsa i\u00e7in de yakla\u015f\u0131k 400 dairelik bir konut projesi planlanmaktad\u0131r. \u015eirket, bu projeleri kat kar\u015f\u0131l\u0131\u011f\u0131 veya has\u0131lat payla\u015f\u0131m\u0131 modeliyle finanse ederek \u00f6zkaynaklar\u0131n\u0131 korumay\u0131 hedeflemektedir.<\/li>\n<li><b>\u0130novasyon ve Ar-Ge Odakl\u0131 B\u00fcy\u00fcme:<\/b> \u015eirket, Ezine tesisindeki \u00dcr-Ge merkezi arac\u0131l\u0131\u011f\u0131yla inovasyona dayal\u0131 \u00fcr\u00fcn geli\u015ftirme faaliyetlerini s\u00fcrd\u00fcrmektedir. T\u00fcrkiye&#8217;nin ilk end\u00fcstriyel kefir ve kefirli yo\u011furt \u00fcreticisi olan Alt\u0131nk\u0131l\u0131\u00e7, pazar taleplerine yan\u0131t olarak Vegan \u00fcr\u00fcnler ve Mozarella gibi katma de\u011feri y\u00fcksek yeni \u00fcr\u00fcnler \u00fczerinde \u00e7al\u0131\u015fmaktad\u0131r.<\/li>\n<li><b>Ba\u015far\u0131l\u0131 Halka Arz:<\/b> \u015eirket, paylar\u0131n\u0131 4 Haziran 2024 tarihinde Borsa \u0130stanbul Ana Pazar&#8217;da &#8220;ALKLC&#8221; koduyla halka arz ederek kurumsal y\u00f6netim ve finansal \u015feffafl\u0131k yolunda \u00f6nemli bir ad\u0131m atm\u0131\u015ft\u0131r. Halka arz sonras\u0131 \u00e7\u0131kar\u0131lm\u0131\u015f sermaye 112 milyon TL&#8217;ye y\u00fckseltilmi\u015ftir.<\/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>1. \u015eirket Profili ve Operasyonel Faaliyetler<\/h2>\n<h3>1.1. Genel Bak\u0131\u015f<\/h3>\n<p>1991 y\u0131l\u0131nda kurulan Alt\u0131nk\u0131l\u0131\u00e7 G\u0131da ve S\u00fct Sanayi Ticaret A.\u015e., s\u00fct ve s\u00fct \u00fcr\u00fcnleri sekt\u00f6r\u00fcnde faaliyet g\u00f6stermektedir. \u015eirket, T\u00fcrkiye\u2019nin ilk end\u00fcstriyel kefir \u00fcreticisi olma unvan\u0131n\u0131 ta\u015f\u0131maktad\u0131r. Ana \u00fcr\u00fcn portf\u00f6y\u00fc peynir \u00e7e\u015fitleri, kefir, kefirli yo\u011furt ve krema gibi \u00fcr\u00fcnlerden olu\u015fmaktad\u0131r. \u015eirket merkezi \u0130stanbul Bayrampa\u015fa&#8217;da bulunmakta olup, \u00fcretim faaliyetlerini \u00c7anakkale ve Bal\u0131kesir&#8217;deki tesislerinde s\u00fcrd\u00fcrmektedir.<\/p>\n<h3>1.2. \u00dcretim Tesisleri ve Kapasite<\/h3>\n<p>\u015eirketin \u00fcretim altyap\u0131s\u0131 \u00fc\u00e7 ana tesisten olu\u015fmaktad\u0131r:<\/p>\n<ul>\n<li><b>Ezine Tesisi (\u00c7anakkale):<\/b> G\u00fcnl\u00fck 96 ton s\u00fct i\u015fleme kapasitesine sahiptir. Bu tesiste ayn\u0131 zamanda \u015firketin \u00dcr\u00fcn Geli\u015ftirme (\u00dcr-Ge) merkezi de bulunmaktad\u0131r.<\/li>\n<li><b>G\u00f6me\u00e7 Tesisi (Bal\u0131kesir):<\/b> G\u00fcnl\u00fck 92,2 ton s\u00fct i\u015fleme kapasitesine sahip olan bu tesis, Burhaniye&#8217;deki yeni yat\u0131r\u0131m\u0131n faaliyete ge\u00e7mesiyle at\u0131l duruma gelmi\u015ftir.<\/li>\n<li><b>Burhaniye OSB Tesisi (Bal\u0131kesir):<\/b> 18 Kas\u0131m 2024&#8217;te \u00fcretim izni alan ve 18 Aral\u0131k 2024 itibar\u0131yla t\u00fcm hatlar\u0131yla faaliyete ge\u00e7en yeni ve modern bir tesistir.\n<ul>\n<li><b>Toplam Alan:<\/b> 16.461 m\u00b2 arsa \u00fczerine 10.800 m\u00b2 kapal\u0131 alan.<\/li>\n<li><b>Kapasite:<\/b> G\u00fcnl\u00fck 350 ton s\u00fct i\u015fleme kapasitesi.<\/li>\n<li><b>\u00dcretim:<\/b> Eski Ka\u015far, Beyaz Peynir, Taze Ka\u015far, Otlu Peynir, Tulum Peyniri ve yeni geli\u015ftirilen Mozarella gibi \u00fcr\u00fcnlerin \u00fcretimi bu tesiste planlanmaktad\u0131r.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>2025 y\u0131l\u0131 i\u00e7erisinde Burhaniye OSB ve Ezine tesislerinin toplam g\u00fcnl\u00fck s\u00fct i\u015fleme kapasitesinin <b>530 ton\/g\u00fcn<\/b> olmas\u0131 hedeflenmektedir.<\/p>\n<h3>1.3. Ara\u015ft\u0131rma-Geli\u015ftirme (Ar-Ge) ve \u0130novasyon<\/h3>\n<p>Alt\u0131nk\u0131l\u0131\u00e7, Ar-Ge faaliyetleriyle pazarda \u00f6nc\u00fc bir rol \u00fcstlenmektedir. Ezine Tesisi&#8217;ndeki \u00dcr-Ge merkezi, iki g\u0131da m\u00fchendisi, bir ziraat m\u00fchendisi ve \u00fc\u00e7 g\u0131da teknikerinden olu\u015fan bir ekiple faaliyet g\u00f6stermektedir.<\/p>\n<ul>\n<li><b>\u00d6nc\u00fc \u00dcr\u00fcnler:<\/b>\n<ul>\n<li><b>Kefir (2005):<\/b> T\u00fcrkiye pazar\u0131na sunulan ve marka bilinirli\u011fi y\u00fcksek olan \u00fcr\u00fcn. Sade, light, laktozsuz ve \u00e7ocuklara y\u00f6nelik meyveli &#8220;Kefirix&#8221; \u00e7e\u015fitleri bulunmaktad\u0131r.<\/li>\n<li><b>Kefirli Yo\u011furt (2016):<\/b> Ege \u00dcniversitesi ile y\u00fcr\u00fct\u00fclen 3 y\u0131ll\u0131k bir \u00fcr\u00fcn geli\u015ftirme s\u00fcrecinin sonunda piyasaya s\u00fcr\u00fclm\u00fc\u015ft\u00fcr.<\/li>\n<\/ul>\n<\/li>\n<li><b>Gelecek Projeleri:<\/b> \u015eirket, \u00fcr\u00fcn \u00e7e\u015fitlili\u011fini art\u0131rma stratejisi kapsam\u0131nda <b>Vegan \u00fcr\u00fcnler<\/b> ve <b>Mozarella peyniri<\/b> geli\u015ftirme \u00e7al\u0131\u015fmalar\u0131na devam etmektedir. Bu \u00fcr\u00fcnlerin Burhaniye OSB tesisinde \u00fcretilmesi planlanmaktad\u0131r.<\/li>\n<li><b>\u0130\u015f Birlikleri:<\/b> \u00dcr-Ge \u00e7al\u0131\u015fmalar\u0131 kapsam\u0131nda Ege \u00dcniversitesi, \u00c7anakkale 18 Mart \u00dcniversitesi, Akdeniz \u00dcniversitesi, Ankara \u00dcniversitesi ve T\u00dcB\u0130TAK ile i\u015f birlikleri yap\u0131lmaktad\u0131r.<\/li>\n<\/ul>\n<h2>2. Kurumsal Yap\u0131 ve Y\u00f6netim<\/h2>\n<h3>2.1. Sermaye ve Ortakl\u0131k Yap\u0131s\u0131<\/h3>\n<p>\u015eirketin 390.000.000 TL kay\u0131tl\u0131 sermaye tavan\u0131 i\u00e7erisinde, \u00e7\u0131kar\u0131lm\u0131\u015f sermayesi 112.000.000 TL&#8217;dir. 30 Eyl\u00fcl 2025 itibar\u0131yla ortakl\u0131k yap\u0131s\u0131 a\u015fa\u011f\u0131daki gibidir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ortak Ad\u0131<\/td>\n<td>Sermaye (TL)<\/td>\n<td>Oran (%)<\/td>\n<\/tr>\n<tr>\n<td>Mehmet Ali Alt\u0131nk\u0131l\u0131\u00e7<\/td>\n<td>39.057.500<\/td>\n<td>34,87<\/td>\n<\/tr>\n<tr>\n<td>Kemal Alt\u0131nk\u0131l\u0131\u00e7<\/td>\n<td>35.151.750<\/td>\n<td>31,39<\/td>\n<\/tr>\n<tr>\n<td>Halka A\u00e7\u0131k K\u0131s\u0131m<\/td>\n<td>33.885.000<\/td>\n<td>30,25<\/td>\n<\/tr>\n<tr>\n<td>Fatih Alt\u0131nk\u0131l\u0131\u00e7<\/td>\n<td>3.905.750<\/td>\n<td>3,49<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam<\/b><\/td>\n<td><b>112.000.000<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>2.2. Halka Arz S\u00fcreci<\/h3>\n<p>\u015eirket, paylar\u0131n\u0131n %30,25&#8217;lik k\u0131sm\u0131n\u0131 4 Haziran 2024 tarihinde halka arz etmi\u015ftir. Paylar, Borsa \u0130stanbul Ana Pazar&#8217;da <b>ALKLC<\/b> kodu ile i\u015flem g\u00f6rmektedir. Halka arz, hisse ba\u015f\u0131na 22,98 TL fiyattan ger\u00e7ekle\u015ftirilmi\u015ftir.<\/p>\n<h3>2.3. \u0130mtiyazl\u0131 Paylar<\/h3>\n<p>\u015eirket sermayesi A Grubu (nama yaz\u0131l\u0131) ve B Grubu (hamiline yaz\u0131l\u0131) paylardan olu\u015fmaktad\u0131r. A Grubu paylar, y\u00f6netim kuruluna aday g\u00f6sterme ve genel kurulda oy kullanma konular\u0131nda imtiyazlara sahiptir. Genel Kurul&#8217;da A Grubu paylar <b>5 oy hakk\u0131<\/b>, B Grubu paylar ise <b>1 oy hakk\u0131<\/b> verir.<\/p>\n<h3>2.4. Y\u00f6netim Kurulu ve Komiteler<\/h3>\n<p>\u015eirket Y\u00f6netim Kurulu 8 \u00fcyeden olu\u015fmaktad\u0131r. Ba\u011f\u0131ms\u0131z \u00fcyeler \u00dcnsal S\u00f6zbir ve \u015eerif Akt\u00fcrk&#8217;t\u00fcr. Y\u00f6netim Kurulu b\u00fcnyesinde faaliyet g\u00f6steren komiteler \u015funlard\u0131r:<\/p>\n<ul>\n<li><b>Denetimden Sorumlu Komite:<\/b> Ba\u015fkanl\u0131\u011f\u0131n\u0131 \u00dcnsal S\u00f6zbir&#8217;in yapt\u0131\u011f\u0131 komite, \u015firketin finansal raporlama ve denetim s\u00fcre\u00e7lerini denetler.<\/li>\n<li><b>Kurumsal Y\u00f6netim Komitesi:<\/b> Ba\u015fkanl\u0131\u011f\u0131n\u0131 \u00dcnsal S\u00f6zbir&#8217;in yapt\u0131\u011f\u0131 komite, \u015firketin kurumsal y\u00f6netim ilkelerine uyumunu izler.<\/li>\n<li><b>Riskin Erken Saptanmas\u0131 Komitesi:<\/b> Ba\u015fkanl\u0131\u011f\u0131n\u0131 \u015eerif Akt\u00fcrk&#8217;\u00fcn yapt\u0131\u011f\u0131 komite, \u015firketin maruz kalabilece\u011fi riskleri erken tespit etme ve y\u00f6netme s\u00fcre\u00e7lerini denetler.<\/li>\n<\/ul>\n<h3>2.5. Personel Yap\u0131s\u0131<\/h3>\n<p>30 Eyl\u00fcl 2025 tarihi itibar\u0131yla \u015firketin toplam personel say\u0131s\u0131 <b>389<\/b> ki\u015fidir (31.12.2024: 383 ki\u015fi).<\/p>\n<h2>3. Stratejik Geli\u015fmeler ve Yat\u0131r\u0131mlar<\/h2>\n<h3>3.1. Burhaniye OSB Fabrika Yat\u0131r\u0131m\u0131<\/h3>\n<p>\u015eirketin en \u00f6nemli stratejik yat\u0131r\u0131mlar\u0131ndan biri olan Burhaniye OSB fabrikas\u0131, 2024 y\u0131l\u0131 sonunda faaliyete ge\u00e7mi\u015ftir. Bu yat\u0131r\u0131m, \u015firkete hem kapasite hem de verimlilik art\u0131\u015f\u0131 sa\u011flam\u0131\u015ft\u0131r. Yat\u0131r\u0131m, G\u00f6me\u00e7&#8217;teki t\u00fcm \u00fcretimin bu yeni tesise ta\u015f\u0131nmas\u0131n\u0131 sa\u011flam\u0131\u015ft\u0131r.<\/p>\n<h3>3.2. Gayrimenkul Geli\u015ftirme Projeleri<\/h3>\n<p>\u015eirket, at\u0131l duruma gelen \u00fcretim tesislerinin arsalar\u0131n\u0131 de\u011ferlendirerek yeni bir gelir kap\u0131s\u0131 yaratmay\u0131 hedeflemektedir.<\/p>\n<ul>\n<li><b>G\u00f6me\u00e7 Konut Projesi:<\/b> Bo\u015falt\u0131lan G\u00f6me\u00e7 tesisi arazisi \u00fczerine yakla\u015f\u0131k <b>200 dairelik<\/b> bir konut projesi i\u00e7in \u00f6n g\u00f6r\u00fc\u015fmelere 28 Kas\u0131m 2024&#8217;te ba\u015flanm\u0131\u015ft\u0131r. Proje, \u015firketin finansman ay\u0131rmayaca\u011f\u0131, kat kar\u015f\u0131l\u0131\u011f\u0131 veya has\u0131lat payla\u015f\u0131m\u0131 modeliyle ger\u00e7ekle\u015ftirilecektir.<\/li>\n<li><b>Ezine Konut Projesi:<\/b> Mevcut Ezine \u00fcretim tesisinin Ezine G\u0131da \u0130htisas OSB&#8217;ye ta\u015f\u0131nmas\u0131 planlanmaktad\u0131r. Bu ta\u015f\u0131ma sonras\u0131 bo\u015falacak arsa \u00fczerine yakla\u015f\u0131k <b>400 dairelik<\/b> bir konut projesi geli\u015ftirilmesi hedeflenmektedir.<\/li>\n<\/ul>\n<h2>4. Finansal Performans Analizi<\/h2>\n<p><i>T\u00fcm tutarlar, TMS 29 uyar\u0131nca 30 Eyl\u00fcl 2025 tarihi itibar\u0131yla sat\u0131n alma g\u00fcc\u00fc esas\u0131na g\u00f6re ifade edilmi\u015ftir.<\/i><\/p>\n<h3>4.1. Temel Finansal G\u00f6stergeler<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Finansal Kalem (TL)<\/td>\n<td>30.09.2025<\/td>\n<td>31.12.2024<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td>Toplam Varl\u0131klar<\/td>\n<td>5.696.623.495<\/td>\n<td>4.993.995.087<\/td>\n<td>+14,1%<\/td>\n<\/tr>\n<tr>\n<td>Toplam \u00d6zkaynaklar<\/td>\n<td>2.303.825.950<\/td>\n<td>2.347.927.153<\/td>\n<td>-1,9%<\/td>\n<\/tr>\n<tr>\n<td>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>2.962.342.554<\/td>\n<td>2.284.331.455<\/td>\n<td>+29,7%<\/td>\n<\/tr>\n<tr>\n<td>Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>430.454.991<\/td>\n<td>361.736.479<\/td>\n<td>+19,0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Gelir Tablosu Kalemi (TL)<\/td>\n<td>01.01-30.09.2025<\/td>\n<td>01.01-30.09.2024<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td>Has\u0131lat (Net Sat\u0131\u015flar)<\/td>\n<td>3.601.912.593<\/td>\n<td>3.121.252.510<\/td>\n<td>+15,4%<\/td>\n<\/tr>\n<tr>\n<td>Br\u00fct K\u00e2r<\/td>\n<td>1.260.103.964<\/td>\n<td>999.208.179<\/td>\n<td>+26,1%<\/td>\n<\/tr>\n<tr>\n<td>Esas Faaliyet K\u00e2r\u0131<\/td>\n<td>755.195.394<\/td>\n<td>492.619.066<\/td>\n<td>+53,3%<\/td>\n<\/tr>\n<tr>\n<td>D\u00f6nem Net K\u00e2r\u0131 \/ (Zarar\u0131)<\/td>\n<td>77.903.305<\/td>\n<td>(66.403.992)<\/td>\n<td>K\u00e2ra Ge\u00e7i\u015f<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>4.2. Finansal Durum Analizi<\/h3>\n<p>30 Eyl\u00fcl 2025 itibar\u0131yla \u015firketin toplam varl\u0131klar\u0131, 2024 y\u0131l sonuna g\u00f6re %14,1 artarak yakla\u015f\u0131k 5,7 milyar TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. Bu art\u0131\u015fta maddi duran varl\u0131klar ve stoklardaki y\u00fckseli\u015f etkili olmu\u015ftur. Ayn\u0131 d\u00f6nemde k\u0131sa vadeli y\u00fck\u00fcml\u00fcl\u00fcklerdeki art\u0131\u015f, \u015firketin artan faaliyet hacmini finanse etmek i\u00e7in k\u0131sa vadeli bor\u00e7lanma ve bono ihrac\u0131 gibi ara\u00e7lar\u0131 kulland\u0131\u011f\u0131n\u0131 g\u00f6stermektedir. \u00d6zkaynaklardaki hafif d\u00fc\u015f\u00fc\u015f, pay geri al\u0131m program\u0131ndan kaynaklanmaktad\u0131r.<\/p>\n<h3>4.3. Gelir ve K\u00e2rl\u0131l\u0131k Analizi<\/h3>\n<p>2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131nda net sat\u0131\u015flar, ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %15,4 art\u0131\u015fla 3,6 milyar TL&#8217;ye y\u00fckselmi\u015ftir. Br\u00fct k\u00e2rl\u0131l\u0131k %26,1, esas faaliyet k\u00e2r\u0131 ise %53,3 gibi daha y\u00fcksek oranlarda artarak operasyonel verimlili\u011fin iyile\u015fti\u011fini g\u00f6stermektedir. En dikkat \u00e7ekici geli\u015fme ise, ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6neminde kaydedilen 66,4 milyon TL&#8217;lik zarara kar\u015f\u0131l\u0131k bu d\u00f6nemde <b>77,9 milyon TL net k\u00e2r<\/b> elde edilmesidir.<\/p>\n<h3>4.4. Sat\u0131\u015flar\u0131n K\u0131r\u0131l\u0131m\u0131<\/h3>\n<p>\u015eirketin ana gelir kalemlerini peynir \u00fcr\u00fcnleri ve kefir sat\u0131\u015f\u0131 olu\u015fturmaktad\u0131r. Sat\u0131\u015flar\u0131n b\u00fcy\u00fck bir k\u0131sm\u0131 yurt i\u00e7inden elde edilmekte olup, ulusal zincir marketler %81&#8217;lik pay ile en \u00f6nemli sat\u0131\u015f kanal\u0131n\u0131 olu\u015fturmaktad\u0131r.<\/p>\n<h2>5. Sekt\u00f6rel De\u011ferlendirme<\/h2>\n<p>Ulusal S\u00fct Konseyi verilerine g\u00f6re, 2025 Ocak-Eyl\u00fcl d\u00f6neminde T\u00fcrkiye&#8217;nin s\u00fct \u00fcr\u00fcnleri ihracat\u0131 bir \u00f6nceki y\u0131la g\u00f6re yakla\u015f\u0131k %17 artarak 400 milyon USD seviyesine ula\u015fm\u0131\u015ft\u0131r. T\u00dc\u0130K verilerine g\u00f6re ise ayn\u0131 d\u00f6nemde yurt i\u00e7inde inek peyniri \u00fcretimi %6,2, ayran \u00fcretimi %12,9 ve yo\u011furt \u00fcretimi %7,2 artm\u0131\u015ft\u0131r. Bu veriler, Alt\u0131nk\u0131l\u0131\u00e7&#8217;\u0131n faaliyet g\u00f6sterdi\u011fi sekt\u00f6r\u00fcn genel olarak b\u00fcy\u00fcme e\u011filiminde oldu\u011funu ve \u015firketin bu b\u00fcy\u00fcmeden pay ald\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"639\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Bu belgeler, **Alt\u0131nk\u0131l\u0131\u00e7 G\u0131da ve S\u00fct Sanayi** \u015firketinin 1 Ocak ile 30 Eyl\u00fcl 2025 tarihlerini kapsayan **ara d\u00f6nem \u00f6zet konsolide finansal raporlar\u0131n\u0131** ve bunlara dair detayl\u0131 dipnotlar\u0131n\u0131 i\u00e7ermektedir. Kaynaklarda grubun **s\u00fct \u00fcr\u00fcnleri \u00fcretimi** ve pazarlama faaliyetlerine dair finansal veriler, i\u015ftiraklerin yap\u0131s\u0131 ve yeni \u00fcretim tesislerinin operasyonel durumu payla\u015f\u0131lmaktad\u0131r. \u015eirketin **y\u00fcksek enflasyon d\u00f6nemine** uygun muhasebe d\u00fczeltmeleri, gelir tablolar\u0131, nakit ak\u0131\u015flar\u0131 ve \u00f6zkaynak de\u011fi\u015fimleri gibi temel mali g\u00f6stergeleri kapsaml\u0131 \u015fekilde sunulmaktad\u0131r. Ayr\u0131ca, \u015firketin **halka arz s\u00fcreci**, pay geri al\u0131m programlar\u0131 ve y\u00f6netim kurulu kararlar\u0131 gibi stratejik kurumsal geli\u015fmelere dair \u00f6nemli bilgiler verilmektedir. Belge, yat\u0131r\u0131mc\u0131lar i\u00e7in i\u015fletmenin **bor\u00e7luluk durumu**, vergi y\u00fck\u00fcml\u00fcl\u00fckleri ve gayrimenkul projeleri gibi kritik risk ve f\u0131rsat alanlar\u0131n\u0131 detayland\u0131rmaktad\u0131r.<\/p>\n","protected":false},"author":1,"featured_media":724,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[144],"class_list":["post-639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-alklc"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/639","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=639"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/639\/revisions"}],"predecessor-version":[{"id":725,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/639\/revisions\/725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/724"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}