{"id":664,"date":"2025-12-28T12:54:25","date_gmt":"2025-12-28T09:54:25","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=664"},"modified":"2025-12-31T01:31:09","modified_gmt":"2025-12-30T22:31:09","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-yaprk-yaprak-sut-ve-besi-ciftlikleri-sanayi-2025-9-bilanco-analizi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/664","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #YAPRK | Yaprak S\u00fct ve Besi \u00c7iftlikleri Sanayi 2025\/9 Bilan\u00e7o Analizi"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #YAPRK | Yaprak S\u00fct ve Besi \u00c7iftlikleri Sanayi 2025\/9 Bilan\u00e7o Analizi\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/CKVMnChVoNE?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>\u0130nekler, Borsa ve Milyonlarca Lira: Bir \u00c7iftlik Raporunun Anlatt\u0131klar\u0131<\/h1>\n<h3>Giri\u015f<\/h3>\n<p>Kurumsal finansal raporlar genellikle rakamlarla dolu, anla\u015f\u0131lmas\u0131 g\u00fc\u00e7 ve s\u0131k\u0131c\u0131 belgeler olarak bilinir. Ancak bazen bu raporlar\u0131n sat\u0131r aralar\u0131nda, bir \u015firketin ruhunu ve i\u00e7inde bulundu\u011fu sekt\u00f6r\u00fcn \u015fa\u015f\u0131rt\u0131c\u0131 dinamiklerini ortaya koyan b\u00fcy\u00fcleyici hikayeler gizlidir. Borsa \u0130stanbul&#8217;da i\u015flem g\u00f6ren Yaprak S\u00fct ve Besi \u00c7iftli\u011fi&#8217;nin kamuya a\u00e7\u0131k raporlar\u0131n\u0131 inceledi\u011fimde, modern tar\u0131m ve finans\u0131n ne kadar i\u00e7 i\u00e7e ge\u00e7ti\u011fini g\u00f6steren, ezber bozan ve son derece ilgin\u00e7 ger\u00e7eklerle kar\u015f\u0131la\u015ft\u0131m.<\/p>\n<h3>1. Bu Sadece Bir \u00c7iftlik De\u011fil: Bir Finans Uzman\u0131n\u0131n Vizyonu<\/h3>\n<p>Bir s\u00fct \u00e7iftli\u011finin kurucusunun geleneksel bir \u00e7ift\u00e7i veya ziraat m\u00fchendisi olmas\u0131n\u0131 beklersiniz. Ancak Yaprak \u00c7iftli\u011fi&#8217;nin Y\u00f6netim Kurulu Ba\u015fkan\u0131 Erol G\u00f6ker&#8217;in ge\u00e7mi\u015fi, bu beklentinin \u00e7ok d\u0131\u015f\u0131nda. Raporlara g\u00f6re G\u00f6ker, kariyerine 1979-1984 y\u0131llar\u0131 aras\u0131nda Maliye Bakanl\u0131\u011f\u0131&#8217;nda Hesap Uzman\u0131 olarak ba\u015flam\u0131\u015f, ard\u0131ndan 1984-1988 y\u0131llar\u0131 aras\u0131nda Sermaye Piyasas\u0131 Kurulu&#8217;nda (SPK) Denet\u00e7i olarak \u00e7al\u0131\u015fm\u0131\u015ft\u0131r. Kariyerine \u00f6zel sekt\u00f6rde devam eden G\u00f6ker, 1988-1990 y\u0131llar\u0131 aras\u0131nda Net Holding&#8217;de Sermaye Piyasas\u0131 ve Denetim koordinat\u00f6r\u00fc olarak g\u00f6rev yapm\u0131\u015f ve 1990 y\u0131l\u0131nda kurucusu oldu\u011fu Global Menkul De\u011ferler&#8217;de Genel M\u00fcd\u00fcr olarak \u00e7al\u0131\u015fmaya ba\u015flam\u0131\u015ft\u0131r.<\/p>\n<p>Bu finansal derinlik, \u00e7iftli\u011fin kurulu\u015fundan itibaren tar\u0131ma geleneksel bir \u00fcretim faaliyeti olarak de\u011fil, veriye dayal\u0131, stratejik ve sofistike bir finans operasyonu olarak yakla\u015f\u0131ld\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu vizyon, raporlardaki di\u011fer \u015fa\u015f\u0131rt\u0131c\u0131 detaylar\u0131n da temelini olu\u015fturuyor.<\/p>\n<h3>2. \u0130nekleriniz Asl\u0131nda De\u011feri S\u00fcrekli De\u011fi\u015fen Finansal Varl\u0131klard\u0131r<\/h3>\n<p>Bir\u00e7ok insan i\u00e7in inek, s\u00fct veren bir \u00e7iftlik hayvan\u0131d\u0131r. Ancak Yaprak \u00c7iftli\u011fi&#8217;nin bilan\u00e7osuna g\u00f6re inekler, bundan \u00e7ok daha fazlas\u0131. \u015eirketin finansal durum tablosunda &#8220;Canl\u0131 Varl\u0131klar&#8221; ad\u0131nda devasa bir kalem bulunuyor. 30 Eyl\u00fcl 2025 itibar\u0131yla, \u015firketin sahip oldu\u011fu 2.810 adet b\u00fcy\u00fckba\u015f hayvan\u0131n toplam de\u011feri tam 377.519.110 TL.<\/p>\n<p>Bu de\u011fer sabit de\u011fil. &#8220;Ger\u00e7e\u011fe uygun de\u011fer&#8221; prensibiyle, yani piyasa ko\u015fullar\u0131na g\u00f6re s\u00fcrekli g\u00fcncelleniyor. Bu de\u011ferin belirlenmesinde T\u00fcrkiye Dam\u0131zl\u0131k S\u0131\u011f\u0131r Yeti\u015ftiricileri Birli\u011fi&#8217;nin yay\u0131mlad\u0131\u011f\u0131 piyasa fiyatlar\u0131 bir referans noktas\u0131 olarak al\u0131n\u0131yor. Ard\u0131ndan bu referans de\u011fer, hayvan\u0131n sa\u011fl\u0131k kay\u0131tlar\u0131 ve se\u00e7kin genetik seceresi gibi \u00fcst\u00fcn \u00f6zelliklerine g\u00f6re yukar\u0131 y\u00f6nl\u00fc ayarlan\u0131yor.<\/p>\n<p>\u015eirketin, d\u00fcnya pedigri kay\u0131tlar\u0131nda ilk 100&#8217;de yer alan bo\u011falar\u0131 kullanmaktaki amac\u0131 sadece genetik kaliteyi art\u0131rmak de\u011fil, ayn\u0131 zamanda raporlarda belirtildi\u011fi gibi &#8220;genetik \u00f6zellikleri m\u00fcmk\u00fcn oldu\u011funca birbirine yak\u0131n&#8221; bir s\u00fcr\u00fc olu\u015fturmakt\u0131r. Bu strateji, s\u00fcr\u00fcy\u00fc finansal a\u00e7\u0131dan daha standart, \u00f6ng\u00f6r\u00fclebilir ve dolay\u0131s\u0131yla de\u011feri daha g\u00fcvenilir bir varl\u0131k portf\u00f6y\u00fcne d\u00f6n\u00fc\u015ft\u00fcrme hedefini yans\u0131t\u0131yor. Bu durum, bir ine\u011fi basit bir hayvandan, de\u011feri s\u00fcrekli dalgalanan bir finansal varl\u0131\u011fa d\u00f6n\u00fc\u015ft\u00fcr\u00fcyor.<\/p>\n<h3>3. Sat\u0131\u015f Yapmadan Gelen K\u00e2r: 83 Milyon Liran\u0131n S\u0131rr\u0131<\/h3>\n<p>Finansal raporlardaki belki de en \u00e7arp\u0131c\u0131 nokta buras\u0131. 2025&#8217;in ilk dokuz ay\u0131nda \u015firket, faaliyetlerinden (s\u00fct ve hayvan sat\u0131\u015f\u0131 gibi) toplam 8.426.989 TL net k\u00e2r elde etmi\u015f. Ancak ayn\u0131 d\u00f6nemde k\u00e2r-zarar tablosunda \u00e7ok daha b\u00fcy\u00fck bir kalem g\u00f6ze \u00e7arp\u0131yor: &#8220;Canl\u0131 Varl\u0131klar Ger\u00e7e\u011fe Uygun De\u011fer Farklar\u0131&#8221; kalemi alt\u0131nda kaydedilen 83.897.861 TL&#8217;lik bir kazan\u00e7.<\/p>\n<p>Basit\u00e7e s\u00f6ylemek gerekirse, bu, \u015firketin elindeki hayvan s\u00fcr\u00fcs\u00fcn\u00fcn toplam de\u011ferinin piyasa ko\u015fullar\u0131 ve biyolojik geli\u015fim (b\u00fcy\u00fcme, do\u011fum vb.) nedeniyle artmas\u0131 sonucu ortaya \u00e7\u0131kan ve hen\u00fcz nakde d\u00f6n\u00fc\u015fmemi\u015f bir k\u00e2r. Yani \u015firket, tek bir sat\u0131\u015f yapmadan, sadece varl\u0131klar\u0131n\u0131n de\u011feri artt\u0131\u011f\u0131 i\u00e7in k\u00e2\u011f\u0131t \u00fczerinde 83 milyon TL&#8217;den fazla para kazanm\u0131\u015f g\u00f6r\u00fcn\u00fcyor. Bu &#8220;k\u00e2\u011f\u0131t \u00fczerindeki&#8221; k\u00e2r ile operasyonel k\u00e2r aras\u0131ndaki devasa fark, bu sekt\u00f6r\u00fcn ne kadar benzersiz finansal dinamiklere sahip oldu\u011funu g\u00f6zler \u00f6n\u00fcne seriyor.<\/p>\n<h3>4. Neredeyse T\u00fcm S\u00fct Tek Bir M\u00fc\u015fteriye Gidiyor<\/h3>\n<p>Raporlar, tedarik zincirinin yap\u0131s\u0131na dair de \u00f6nemli bir ipucu veriyor. Raporlama d\u00f6neminde, \u015firketin toplam gelirlerinin %88,44&#8217;\u00fc &#8220;A M\u00fc\u015fterisi&#8221; olarak tan\u0131mlanan tek bir m\u00fc\u015fteriden gelmi\u015f. Bu durum, iki \u015firket aras\u0131nda g\u00fc\u00e7l\u00fc ve istikrarl\u0131 bir ticari ili\u015fki oldu\u011funu g\u00f6sterebilir. Ancak ayn\u0131 zamanda, &#8220;m\u00fc\u015fteri yo\u011funla\u015fmas\u0131&#8221; olarak bilinen \u00f6nemli bir i\u015f riskini de beraberinde getiriyor. Bu veri, b\u00fcy\u00fck bir tar\u0131m \u00fcreticisinin, i\u015fledi\u011fi \u00fcr\u00fcn\u00fc satt\u0131\u011f\u0131 tek bir b\u00fcy\u00fck al\u0131c\u0131ya veya fabrikaya ne kadar ba\u011f\u0131ml\u0131 olabildi\u011fini \u00e7arp\u0131c\u0131 bir \u015fekilde ortaya koyuyor.<\/p>\n<h3>Sonu\u00e7<\/h3>\n<p>Yaprak S\u00fct \u00c7iftli\u011fi&#8217;nin finansal raporlar\u0131, d\u0131\u015far\u0131dan bak\u0131ld\u0131\u011f\u0131nda basit bir tar\u0131m i\u015fletmesi gibi g\u00f6r\u00fcnen bir yap\u0131n\u0131n asl\u0131nda ne kadar ileri teknolojiye sahip, genetik olarak geli\u015fmi\u015f ve finansal olarak karma\u015f\u0131k bir modern giri\u015fim oldu\u011funu kan\u0131tl\u0131yor. Rakamlar, ineklerin birer biyolojik varl\u0131k olman\u0131n \u00f6tesinde, de\u011feri anl\u0131k olarak de\u011fi\u015fen finansal enstr\u00fcmanlar oldu\u011funu ve k\u00e2r\u0131n sadece sat\u0131\u015ftan de\u011fil, bu varl\u0131klar\u0131n de\u011ferlenmesinden de gelebildi\u011fini g\u00f6steriyor.<\/p>\n<p>Bir dahaki sefere bir bardak s\u00fct i\u00e7erken, barda\u011f\u0131n arkas\u0131ndaki bu karma\u015f\u0131k finansal ve genetik d\u00fcnyay\u0131 d\u00fc\u015f\u00fcnecek misiniz?<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"color: #0000ff;\">Yaprak S\u00fct ve Besi \u00c7iftlikleri A.\u015e. &#8211; 30 Eyl\u00fcl 2025 D\u00f6nemi Bilgilendirme Raporu<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu rapor, Yaprak S\u00fct ve Besi \u00c7iftlikleri Sanayi ve Ticaret A.\u015e. (&#8220;Grup&#8221;) ve ba\u011fl\u0131 ortakl\u0131\u011f\u0131 All Besicilik Sanayi ve Ticaret A.\u015e.&#8217;nin 1 Ocak 2025 &#8211; 30 Eyl\u00fcl 2025 ara hesap d\u00f6nemine ait faaliyetlerini ve finansal sonu\u00e7lar\u0131n\u0131 \u00f6zetlemektedir. Rapor, \u015firketin operasyonel yap\u0131s\u0131n\u0131, finansal performans\u0131n\u0131, y\u00f6netim kadrosunu ve stratejik odak alanlar\u0131n\u0131 detayland\u0131rmaktad\u0131r. T\u00fcm finansal veriler, T\u00fcrkiye Muhasebe Standartlar\u0131 (TMS 29) uyar\u0131nca y\u00fcksek enflasyonlu ekonomilerde raporlama esaslar\u0131na g\u00f6re 30 Eyl\u00fcl 2025 tarihi itibar\u0131yla sat\u0131n alma g\u00fcc\u00fc esas\u0131na g\u00f6re ifade edilmi\u015ftir.<\/p>\n<p>D\u00f6nemin \u00f6ne \u00e7\u0131kan finansal sonu\u00e7lar\u0131, ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine k\u0131yasla bir daralmaya i\u015faret etmektedir. Grubun 9 ayl\u0131k net d\u00f6nem kar\u0131, 2024&#8217;\u00fcn ayn\u0131 d\u00f6nemindeki 25,6 milyon TL&#8217;den 8,4 milyon TL&#8217;ye gerilemi\u015ftir. Has\u0131lat ise 271,6 milyon TL&#8217;den 236,2 milyon TL&#8217;ye d\u00fc\u015fm\u00fc\u015ft\u00fcr. Bu d\u00fc\u015f\u00fc\u015fe ra\u011fmen, \u015firketin nakit pozisyonu \u00f6nemli \u00f6l\u00e7\u00fcde g\u00fc\u00e7lenmi\u015f, nakit ve nakit benzerleri 108,2 milyon TL&#8217;den 157,9 milyon TL&#8217;ye y\u00fckselmi\u015ftir.<\/p>\n<p>Operasyonel olarak, Grup y\u00fcksek verimli ve kaliteli \u00e7i\u011f s\u00fct \u00fcretimi hedefine ba\u011fl\u0131 kalmaya devam etmektedir. \u015eirket, Avrupa Birli\u011fi standartlar\u0131nda \u00fcretim yapt\u0131\u011f\u0131n\u0131 belgeleyen &#8220;Onayl\u0131 S\u00fct \u00c7iftli\u011fi&#8221; ve &#8220;\u0130yi Tar\u0131m Uygulamalar\u0131&#8221; gibi \u00f6nemli sertifikalara sahiptir. Hayvan varl\u0131\u011f\u0131, 30 Eyl\u00fcl 2025 itibar\u0131yla bir miktar azalarak 2.810 ba\u015f s\u0131\u011f\u0131r olarak kaydedilmi\u015ftir. Raporda dikkat \u00e7eken bir di\u011fer \u00f6nemli husus, has\u0131lat\u0131n %88,44&#8217;\u00fcn\u00fcn tek bir m\u00fc\u015fteriden (&#8220;A M\u00fc\u015fterisi&#8221;) kaynaklanmas\u0131d\u0131r; bu durum, \u00f6nemli bir m\u00fc\u015fteri yo\u011funla\u015fma riskine i\u015faret etmektedir.<\/p>\n<h2>1. Kurumsal Genel Bak\u0131\u015f<\/h2>\n<h3>1.1. \u015eirket Profili<\/h3>\n<p>Yaprak S\u00fct ve Besi \u00c7iftlikleri, 1994 y\u0131l\u0131nda Bal\u0131kesir&#8217;in Burhaniye il\u00e7esinde 10 adet sa\u011fmal inekle bir aile i\u015fletmesi olarak faaliyetlerine ba\u015flam\u0131\u015ft\u0131r. 1998 y\u0131l\u0131nda Almanya&#8217;dan 130 gebe d\u00fcve ithal ederek profesyonel \u00e7iftlik faaliyetlerine ge\u00e7en \u015firket, 2005 y\u0131l\u0131nda Yaprak S\u00fct ve Besi \u00c7iftlikleri Sanayi ve Ticaret A.\u015e. unvan\u0131yla kurumsalla\u015fm\u0131\u015ft\u0131r. \u015eirketin ana faaliyet konusu, \u00e7iftlik hayvanlar\u0131 yeti\u015ftiricili\u011fi yoluyla \u00fcst\u00fcn verimli ve kaliteli \u00e7i\u011f s\u00fct \u00fcretimidir. \u015eirketin merkezi \u0130stanbul Ata\u015fehir&#8217;de, \u00e7iftlik ve \u00fcretim tesisleri ise Bal\u0131kesir Burhaniye&#8217;de yer almaktad\u0131r.<\/p>\n<h3>1.2. Stratejik Odak ve Sertifikasyonlar<\/h3>\n<p>\u015eirketin temel stratejisi, genetik \u00fcst\u00fcnl\u00fc\u011fe sahip bir s\u00fcr\u00fc olu\u015fturarak y\u00fcksek verimlilik ve kalite standartlar\u0131n\u0131 yakalamakt\u0131r. Bu do\u011frultuda, d\u00fcnya pedigri (secere) kay\u0131tlar\u0131nda ilk 100 aras\u0131nda yer alan bo\u011falar\u0131n tohumlar\u0131 tercih edilmektedir. \u015eirketin kalite ve sa\u011fl\u0131k standartlar\u0131na olan ba\u011fl\u0131l\u0131\u011f\u0131, ald\u0131\u011f\u0131 sertifikalarla belgelenmi\u015ftir:<\/p>\n<ul>\n<li><b>T\u00fcberk\u00fcloz ve Brusellos Hastal\u0131klar\u0131ndan Arilik Sertifikas\u0131:<\/b> 2007 y\u0131l\u0131ndan beri Tar\u0131m ve K\u00f6yi\u015fleri Bakanl\u0131\u011f\u0131&#8217;ndan al\u0131nm\u0131\u015f ve korunmaktad\u0131r.<\/li>\n<li><b>Onayl\u0131 S\u00fct \u00c7iftli\u011fi Belgesi:<\/b> 2010 y\u0131l\u0131nda al\u0131nm\u0131\u015f olup, Avrupa Birli\u011fi standartlar\u0131na uygun \u00fcretimi teyit etmektedir.<\/li>\n<li><b>\u0130yi Tar\u0131m Uygulamalar\u0131 Sertifikalar\u0131:<\/b> 2016 y\u0131l\u0131nda et, s\u00fct ve bitkisel \u00fcretim i\u00e7in al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>1.3. Ba\u011fl\u0131 Ortakl\u0131k<\/h3>\n<p>Grup, kaliteli b\u00fcy\u00fckba\u015f besi hayvan\u0131 yeti\u015ftiricili\u011fi amac\u0131yla 11 Kas\u0131m 2015 tarihinde Burhaniye&#8217;de kurulan <b>All Besicilik Sanayi ve Ticaret A.\u015e.<\/b>&#8216;ye %100 oran\u0131nda i\u015ftirak etmektedir. Ba\u011fl\u0131 ortakl\u0131\u011f\u0131n \u00f6denmi\u015f sermayesi 750.000 TL olup, enflasyon d\u00fczeltmesi sonras\u0131 toplam sermayesi 4.441.797 TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r.<\/p>\n<h2>2. Sermaye ve Ortakl\u0131k Yap\u0131s\u0131<\/h2>\n<h3>2.1. Sermaye Bilgileri<\/h3>\n<p>\u015eirket, kay\u0131tl\u0131 sermaye sistemine tabidir. \u0130lgili sermaye bilgileri a\u015fa\u011f\u0131da \u00f6zetlenmi\u015ftir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Sermaye Kalemi<\/td>\n<td>Tutar (TL)<\/td>\n<\/tr>\n<tr>\n<td>Kay\u0131tl\u0131 Sermaye Tavan\u0131<\/td>\n<td>50.000.000<\/td>\n<\/tr>\n<tr>\n<td>\u00c7\u0131kar\u0131lm\u0131\u015f Sermaye<\/td>\n<td>14.200.000<\/td>\n<\/tr>\n<tr>\n<td>Sermaye D\u00fczeltme Farklar\u0131<\/td>\n<td>217.171.463<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Sermaye<\/b><\/td>\n<td><b>231.371.463<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>2.2. Ortakl\u0131k Yap\u0131s\u0131<\/h3>\n<p>30 Eyl\u00fcl 2025 itibar\u0131yla \u015eirketin ortakl\u0131k yap\u0131s\u0131 ve halka a\u00e7\u0131kl\u0131k durumu a\u015fa\u011f\u0131daki gibidir. \u015eirket paylar\u0131n\u0131n %28,17&#8217;si B\u0130ST Y\u0131ld\u0131z Pazar&#8217;da i\u015flem g\u00f6rmektedir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Orta\u011f\u0131n Ad\u0131\/Unvan\u0131<\/td>\n<td>Hisse Oran\u0131 (%)<\/td>\n<td>Hisse Adedi (1 TL Nominal)<\/td>\n<\/tr>\n<tr>\n<td>Erol G\u00f6ker<\/td>\n<td>61,25<\/td>\n<td>8.696.994<\/td>\n<\/tr>\n<tr>\n<td>\u015eebnem G\u00f6ker<\/td>\n<td>10,58<\/td>\n<td>1.503.000<\/td>\n<\/tr>\n<tr>\n<td>Zeynep G\u00f6ker K\u0131rc\u0131o\u011flu<\/td>\n<td>0,00001<\/td>\n<td>2<\/td>\n<\/tr>\n<tr>\n<td>B\u0130ST\u2019te i\u015flem g\u00f6ren hisseler ve di\u011fer<\/td>\n<td>28,17<\/td>\n<td>4.000.004<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6denmi\u015f Sermaye Toplam\u0131<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<td><b>14.200.000<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>2.3. \u0130mtiyazl\u0131 Paylar<\/h3>\n<p>\u015eirket sermayesi A ve B Grubu paylardan olu\u015fmaktad\u0131r. A Grubu pay sahipleri, Y\u00f6netim Kurulu \u00fcyelerinin atanmas\u0131nda imtiyaza sahiptir. Y\u00f6netim Kurulu \u00fcyelerinin en fazla yar\u0131s\u0131, A Grubu pay sahiplerinin g\u00f6sterece\u011fi adaylar aras\u0131ndan Genel Kurul taraf\u0131ndan se\u00e7ilir.<\/p>\n<h2>3. Y\u00f6netim ve Organizasyon<\/h2>\n<h3>3.1. Y\u00f6netim Kurulu<\/h3>\n<p>30 May\u0131s 2025 tarihinde yap\u0131lan Ola\u011fan Genel Kurul&#8217;da se\u00e7ilen ve iki y\u0131l s\u00fcreyle g\u00f6rev yapacak olan Y\u00f6netim Kurulu \u00fcyeleri a\u015fa\u011f\u0131da listelenmi\u015ftir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ad\u0131 \u2013 Soyad\u0131<\/td>\n<td>G\u00f6revi\/Unvan\u0131<\/td>\n<td>Se\u00e7ildi\u011fi Tarih<\/td>\n<\/tr>\n<tr>\n<td>Erol G\u00d6KER<\/td>\n<td>Y\u00f6netim Kurulu Ba\u015fkan\u0131<\/td>\n<td>30.05.2025<\/td>\n<\/tr>\n<tr>\n<td>\u015eebnem G\u00d6KER<\/td>\n<td>YK Ba\u015fkan Vekili \/ Genel M\u00fcd\u00fcr<\/td>\n<td>30.05.2025<\/td>\n<\/tr>\n<tr>\n<td>Zeynep G\u00d6KER KIRCIO\u011eLU<\/td>\n<td>Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>30.05.2025<\/td>\n<\/tr>\n<tr>\n<td>Hamza KANDUR<\/td>\n<td>Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>30.05.2025<\/td>\n<\/tr>\n<tr>\n<td>Halil \u0130brahim Bilgen<\/td>\n<td>Ba\u011f\u0131ms\u0131z Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>30.05.2025<\/td>\n<\/tr>\n<tr>\n<td>Soner ACAR<\/td>\n<td>Ba\u011f\u0131ms\u0131z Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<td>30.05.2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>3.2. \u00dcst D\u00fczey Y\u00f6neticiler<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Unvan\u0131<\/td>\n<td>Ad\u0131 Soyad\u0131<\/td>\n<\/tr>\n<tr>\n<td>Genel M\u00fcd\u00fcr<\/td>\n<td>\u015eebnem G\u00d6KER<\/td>\n<\/tr>\n<tr>\n<td>Finans ve Mali \u0130\u015fler Koordinat\u00f6r\u00fc<\/td>\n<td>Hamza KANDUR<\/td>\n<\/tr>\n<tr>\n<td>Sa\u011fl\u0131k Grubu Koordinat\u00f6r\u00fc-Sorumlu Veteriner Hekim<\/td>\n<td>Hakan KIRCIO\u011eLU<\/td>\n<\/tr>\n<tr>\n<td>\u00dcreme ve S\u00fcr\u00fc Geli\u015ftirme Grup Direkt\u00f6r\u00fc<\/td>\n<td>Melih YEN\u0130TAV\u015eANLI<\/td>\n<\/tr>\n<tr>\n<td>Muhasebe M\u00fcd\u00fcr\u00fc<\/td>\n<td>Arzu K\u0130P<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>3.3. Personel Yap\u0131s\u0131<\/h3>\n<p>30 Eyl\u00fcl 2025 itibar\u0131yla Grubun toplam personel say\u0131s\u0131 60 ki\u015fidir. Bu say\u0131n\u0131n 5&#8217;i y\u00f6netici, 55&#8217;i ise di\u011fer \u00e7al\u0131\u015fanlardan olu\u015fmaktad\u0131r. Bu, 31 Aral\u0131k 2024&#8217;teki 59 ki\u015filik personel say\u0131s\u0131na g\u00f6re bir art\u0131\u015f\u0131 temsil etmektedir.<\/p>\n<h2>4. Finansal Performans Analizi (01.01.2025 &#8211; 30.09.2025)<\/h2>\n<h3>4.1. Temel Finansal G\u00f6stergeler<\/h3>\n<p>A\u015fa\u011f\u0131daki tablo, Grubun 2025 ve 2024 y\u0131llar\u0131n\u0131n ilk dokuz ayl\u0131k d\u00f6nemlerine ait kar\u015f\u0131la\u015ft\u0131rmal\u0131 temel finansal performans g\u00f6stergelerini sunmaktad\u0131r.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>G\u00f6sterge (TL)<\/td>\n<td>01.01 &#8211; 30.09.2025<\/td>\n<td>01.01 &#8211; 30.09.2024<\/td>\n<td>De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td>Has\u0131lat<\/td>\n<td>236.196.296<\/td>\n<td>271.632.949<\/td>\n<td>\u25bc %13,0<\/td>\n<\/tr>\n<tr>\n<td>Br\u00fct Kar<\/td>\n<td>131.589.931<\/td>\n<td>147.616.576<\/td>\n<td>\u25bc %10,9<\/td>\n<\/tr>\n<tr>\n<td>Esas Faaliyet Kar\u0131<\/td>\n<td>118.348.382<\/td>\n<td>136.201.219<\/td>\n<td>\u25bc %13,1<\/td>\n<\/tr>\n<tr>\n<td><b>Net D\u00f6nem Kar\u0131<\/b><\/td>\n<td><b>8.426.989<\/b><\/td>\n<td><b>25.570.011<\/b><\/td>\n<td>\u25bc %67,0<\/td>\n<\/tr>\n<tr>\n<td>Pay Ba\u015f\u0131na Kazan\u00e7<\/td>\n<td>0,5934<\/td>\n<td>1,8007<\/td>\n<td>\u25bc %67,0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>4.2. Bilan\u00e7o Analizi<\/h3>\n<p>Grubun 30 Eyl\u00fcl 2025 ve 31 Aral\u0131k 2024 tarihli konsolide finansal durum tablosundan \u00f6nemli kalemler a\u015fa\u011f\u0131da kar\u015f\u0131la\u015ft\u0131r\u0131lm\u0131\u015ft\u0131r.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Bilan\u00e7o Kalemi (TL)<\/td>\n<td>30 Eyl\u00fcl 2025<\/td>\n<td>31 Aral\u0131k 2024<\/td>\n<td>De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td>Nakit ve Nakit Benzerleri<\/td>\n<td>157.896.118<\/td>\n<td>108.152.158<\/td>\n<td>\u25b2 %46,0<\/td>\n<\/tr>\n<tr>\n<td>Canl\u0131 Varl\u0131klar<\/td>\n<td>377.519.110<\/td>\n<td>403.590.253<\/td>\n<td>\u25bc %6,5<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td><b>869.761.166<\/b><\/td>\n<td><b>858.710.334<\/b><\/td>\n<td>\u25b2 %1,3<\/td>\n<\/tr>\n<tr>\n<td>Toplam K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>108.005.474<\/td>\n<td>104.361.643<\/td>\n<td>\u25b2 %3,5<\/td>\n<\/tr>\n<tr>\n<td>Toplam Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>112.266.346<\/td>\n<td>106.176.359<\/td>\n<td>\u25b2 %5,7<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam \u00d6zkaynaklar<\/b><\/td>\n<td><b>649.489.346<\/b><\/td>\n<td><b>648.172.332<\/b><\/td>\n<td>\u25b2 %0,2<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>4.3. Nakit Ak\u0131\u015f Analizi<\/h3>\n<p>D\u00f6nem sonunda Grubun nakit ve nakit benzerleri 71,7 milyon TL&#8217;lik net art\u0131\u015fla 157,9 milyon TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r. Bu art\u0131\u015fta, yat\u0131r\u0131m faaliyetlerinden elde edilen 66,4 milyon TL&#8217;lik nakit giri\u015fi ve finansman faaliyetlerindeki nakit \u00e7\u0131k\u0131\u015f\u0131n\u0131n ge\u00e7en y\u0131la g\u00f6re (7,1 milyon TL temett\u00fc \u00f6demesi nedeniyle) \u00f6nemli \u00f6l\u00e7\u00fcde azalmas\u0131 etkili olmu\u015ftur.<\/p>\n<ul>\n<li><b>\u0130\u015fletme Faaliyetlerinden Nakit Ak\u0131\u015f\u0131:<\/b> 6.881.573 TL<\/li>\n<li><b>Yat\u0131r\u0131m Faaliyetlerinden Nakit Ak\u0131\u015f\u0131:<\/b> 66.408.095 TL<\/li>\n<li><b>Finansman Faaliyetlerinden Nakit Ak\u0131\u015f\u0131:<\/b> -5.079.210 TL<\/li>\n<\/ul>\n<h2>5. Operasyonel Faaliyetler ve Riskler<\/h2>\n<h3>5.1. Faaliyet Segmentleri<\/h3>\n<p>Grup, faaliyetlerini iki ana segment alt\u0131nda raporlamaktad\u0131r: <b>\u00c7i\u011f S\u00fct<\/b> ve <b>Besi Hayvan\u0131<\/b>. Varl\u0131klar, y\u00fck\u00fcml\u00fcl\u00fckler ve has\u0131lat\u0131n b\u00fcy\u00fck \u00e7o\u011funlu\u011fu \u00c7i\u011f S\u00fct segmentinde yo\u011funla\u015fmaktad\u0131r.<\/p>\n<h3>5.2. Hayvan Varl\u0131\u011f\u0131<\/h3>\n<p>30 Eyl\u00fcl 2025 itibar\u0131yla Grubun toplam b\u00fcy\u00fckba\u015f hayvan varl\u0131\u011f\u0131 2.810 adettir. Bu, 31 Aral\u0131k 2024 tarihindeki 2.922 adetlik s\u00fcr\u00fcye g\u00f6re hafif bir d\u00fc\u015f\u00fc\u015f\u00fc g\u00f6stermektedir. S\u00fcr\u00fc da\u011f\u0131l\u0131m\u0131 a\u015fa\u011f\u0131daki gibidir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Hayvan Cinsi<\/td>\n<td>Adet (30.09.2025)<\/td>\n<td>Adet (31.12.2024)<\/td>\n<\/tr>\n<tr>\n<td>Erkek Buza\u011f\u0131<\/td>\n<td>62<\/td>\n<td>141<\/td>\n<\/tr>\n<tr>\n<td>Erkek Dana<\/td>\n<td>119<\/td>\n<td>139<\/td>\n<\/tr>\n<tr>\n<td>Di\u015fi Buza\u011f\u0131<\/td>\n<td>296<\/td>\n<td>536<\/td>\n<\/tr>\n<tr>\n<td>D\u00fcve<\/td>\n<td>1.176<\/td>\n<td>978<\/td>\n<\/tr>\n<tr>\n<td>Sa\u011fmal \u0130nek<\/td>\n<td>1.031<\/td>\n<td>1.040<\/td>\n<\/tr>\n<tr>\n<td>Kurudaki \u0130nek<\/td>\n<td>126<\/td>\n<td>88<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam<\/b><\/td>\n<td><b>2.810<\/b><\/td>\n<td><b>2.922<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>5.3. M\u00fc\u015fteri Yo\u011funla\u015fmas\u0131<\/h3>\n<p>Raporda belirtildi\u011fi \u00fczere, 30 Eyl\u00fcl 2025&#8217;te sona eren d\u00f6nemde Grubun has\u0131lat\u0131n\u0131n <b>%88,44<\/b>&#8216;\u00fc tek bir m\u00fc\u015fteriden (&#8220;A M\u00fc\u015fterisi&#8221;) elde edilmi\u015ftir. Bu durum, \u015firketin gelir ak\u0131\u015f\u0131 i\u00e7in \u00f6nemli bir yo\u011funla\u015fma riski ta\u015f\u0131maktad\u0131r.<\/p>\n<h3>5.4. Devlet Te\u015fvikleri<\/h3>\n<p>Grup, faaliyetleri kapsam\u0131nda \u00e7e\u015fitli devlet te\u015fviklerinden yararlanmaktad\u0131r. 2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131nda al\u0131nan toplam te\u015fvik tutar\u0131 <b>12.650.743 TL<\/b>&#8216;dir. Bu destekler temel olarak a\u015fa\u011f\u0131daki alanlar\u0131 kapsamaktad\u0131r:<\/p>\n<ul>\n<li>B\u00fcy\u00fckba\u015f hayvanc\u0131l\u0131k destekleri (buza\u011f\u0131 deste\u011fi)<\/li>\n<li>\u00c7i\u011f s\u00fct deste\u011fi<\/li>\n<li>Yem bitkileri ve mazot deste\u011fi<\/li>\n<\/ul>\n<h2>6. \u00d6nemli Notlar ve Muhasebe Politikalar\u0131<\/h2>\n<h3>6.1. Y\u00fcksek Enflasyon Muhasebesi (TMS 29)<\/h3>\n<p>Finansal tablolar, Kamu G\u00f6zetimi Muhasebe ve Denetim Standartlar\u0131 Kurumu&#8217;nun (KGK) karar\u0131 uyar\u0131nca, TMS 29 &#8220;Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama&#8221; standard\u0131na uygun olarak haz\u0131rlanm\u0131\u015ft\u0131r. Bu kapsamda t\u00fcm tutarlar, T\u00fcrkiye \u0130statistik Kurumu (T\u00dc\u0130K) taraf\u0131ndan yay\u0131mlanan T\u00fcketici Fiyat Endeksi (T\u00dcFE) kullan\u0131larak 30 Eyl\u00fcl 2025 tarihindeki paran\u0131n sat\u0131n alma g\u00fcc\u00fcne g\u00f6re d\u00fczeltilmi\u015ftir.<\/p>\n<h3>6.2. Kar Da\u011f\u0131t\u0131m\u0131<\/h3>\n<p>\u015eirketin 30 May\u0131s 2025 tarihli Genel Kurul toplant\u0131s\u0131nda, 2024 y\u0131l\u0131 kar\u0131ndan kar\u015f\u0131lanmak \u00fczere toplam <b>5.680.000 TL<\/b> (hisse ba\u015f\u0131na br\u00fct 0,40 TL) nakit kar pay\u0131 da\u011f\u0131t\u0131lmas\u0131na karar verilmi\u015ftir. Kar pay\u0131 da\u011f\u0131t\u0131m\u0131 1 Temmuz 2025 tarihinden itibaren ger\u00e7ekle\u015ftirilmi\u015ftir.<\/p>\n<h3>6.3. Teminat ve \u0130potekler<\/h3>\n<p>\u015eirketin, T.C. Ziraat Bankas\u0131 A.\u015e.&#8217;den kulland\u0131\u011f\u0131 kredilere kar\u015f\u0131l\u0131k, Bal\u0131kesir&#8217;deki tarlalar\u0131 \u00fczerinde banka lehine <b>200.000.000 TL<\/b> tutar\u0131nda birinci derece ipotek bulunmaktad\u0131r. Bu, \u015firketin finansal y\u00fck\u00fcml\u00fcl\u00fckleri i\u00e7in \u00f6nemli bir teminat te\u015fkil etmektedir.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"664\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Bu belgeler, **Yaprak S\u00fct ve Besi \u00c7iftlikleri** \u015firketinin 2025 y\u0131l\u0131 ilk dokuz ay\u0131n\u0131 kapsayan **ara d\u00f6nem y\u00f6netim kurulu faaliyet raporudur**. Metinde i\u015fletmenin tarih\u00e7esi, ortakl\u0131k yap\u0131s\u0131 ve **Borsa \u0130stanbul** \u00fczerindeki halka arz bilgileri detayland\u0131r\u0131l\u0131rken, \u00e7i\u011f s\u00fct \u00fcretimi ile hayvanc\u0131l\u0131k faaliyetlerine dair g\u00fcncel veriler sunulmaktad\u0131r. \u015eirketin sahip oldu\u011fu **Avrupa Birli\u011fi standartlar\u0131ndaki belgeler** ve hastal\u0131klardan arilik sertifikalar\u0131 gibi kalite tescillerine vurgu yap\u0131lmaktad\u0131r. Ayr\u0131ca y\u00f6netim kurulunun bile\u015fimi, denetim komitelerinin i\u015fleyi\u015fi ve \u00e7evre dostu **at\u0131k y\u00f6netimi politikalar\u0131** a\u00e7\u0131klanmaktad\u0131r. Rapor, firman\u0131n stratejik hedeflerini, yapt\u0131\u011f\u0131 makine yat\u0131r\u0131mlar\u0131n\u0131 ve kar\u015f\u0131 kar\u015f\u0131ya oldu\u011fu **finansal ile operasyonel risklerin** y\u00f6netimini i\u00e7ermektedir. Son olarak, i\u015fletmenin ba\u011fl\u0131 ortakl\u0131\u011f\u0131 olan **All Besicilik** ile y\u00fcr\u00fctt\u00fc\u011f\u00fc ticari faaliyetler ve personel yap\u0131s\u0131 hakk\u0131nda kapsaml\u0131 bilgiler sa\u011flanmaktad\u0131r.<\/p>\n","protected":false},"author":1,"featured_media":797,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[154],"class_list":["post-664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-yaprk"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/664","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=664"}],"version-history":[{"count":3,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/664\/revisions"}],"predecessor-version":[{"id":798,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/664\/revisions\/798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/797"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}