{"id":684,"date":"2025-12-28T14:12:52","date_gmt":"2025-12-28T11:12:52","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=684"},"modified":"2025-12-28T14:25:32","modified_gmt":"2025-12-28T11:25:32","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-dmrgd-dmr-unlu-mamuller-uretim-2025-9-bilanco-analizi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/684","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #DMRGD | DMR Unlu Mamuller \u00dcretim 2025\/9 Bilan\u00e7o Analizi"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #DMRGD | DMR Unlu Mamuller \u00dcretim 2025\/9 Bilan\u00e7o Analizi - Simit Saray\u0131 Y\u00fckselen Sat\u0131\u015f D\u00fc\u015fen K\u00e2r\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/WXvm_b4I2As?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>Simit Saray\u0131&#8217;n\u0131n Arkas\u0131ndaki \u015eirket Hakk\u0131nda Muhtemelen Bilmedi\u011finiz 5 \u015ea\u015f\u0131rt\u0131c\u0131 Ger\u00e7ek<\/h1>\n<p>\u00c7o\u011fumuzun bildi\u011fi ve sevdi\u011fi bir marka olan Simit Saray\u0131, sabah kahvalt\u0131lar\u0131ndan ara \u00f6\u011f\u00fcnlere kadar hayat\u0131m\u0131z\u0131n bir par\u00e7as\u0131d\u0131r. Ancak bu tan\u0131d\u0131k ve samimi markan\u0131n arkas\u0131nda, borsada i\u015flem g\u00f6ren ve \u015fa\u015f\u0131rt\u0131c\u0131 derecede karma\u015f\u0131k bir yap\u0131ya sahip olan DMR Unlu Mamuller (DMR G\u0131da) adl\u0131 bir \u015firket oldu\u011funu pek az\u0131m\u0131z bilir.<\/p>\n<p>\u015eirketin yay\u0131nlad\u0131\u011f\u0131 son faaliyet raporu, bu basit ve g\u00fcnl\u00fck lezzetlerin ard\u0131nda yatan kurumsal yap\u0131n\u0131n, finansal stratejilerin ve y\u00f6netim dinamiklerinin ne kadar ilgi \u00e7ekici oldu\u011funu g\u00f6zler \u00f6n\u00fcne seriyor. Raporun derinliklerinde, s\u0131radan bir t\u00fcketicinin tahmin edemeyece\u011fi kadar \u015fa\u015f\u0131rt\u0131c\u0131 ger\u00e7ekler gizli. \u0130\u015fte o rapordan derledi\u011fimiz, Simit Saray\u0131&#8217;n\u0131n arkas\u0131ndaki \u015firket hakk\u0131nda muhtemelen bilmedi\u011finiz 5 ger\u00e7ek.<\/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<h3><b>1. Tek Bir Havaalan\u0131 Ma\u011fazas\u0131ndan Dev Bir \u00dcreticiye D\u00f6n\u00fc\u015f\u00fcm<\/b><\/h3>\n<p>DMR G\u0131da&#8217;n\u0131n k\u00f6keni, bug\u00fcnk\u00fc devasa \u00fcretim kapasitesinden \u00e7ok daha m\u00fctevaz\u0131 bir ba\u015flang\u0131ca dayan\u0131yor. \u015eirket, 2009 y\u0131l\u0131nda Antalya&#8217;da kuruldu ve 2021 y\u0131l\u0131na kadar ana faaliyet alan\u0131, Simit Saray\u0131&#8217;n\u0131n Antalya Havaliman\u0131&#8217;ndaki ma\u011fazas\u0131n\u0131 i\u015fletmekten ibaretti. Yani, y\u0131llarca tek bir perakende noktas\u0131n\u0131n i\u015fletmecisi olarak faaliyet g\u00f6sterdi.<\/p>\n<p>Ancak 6 A\u011fustos 2021 tarihinde her \u015fey de\u011fi\u015fti. O tarihte \u015firket, &#8220;Simit Saray\u0131 Yat\u0131r\u0131m ve Ticaret A.\u015e.&#8221;ye ait olan unlu mamuller \u00fcretim tesisini, fabrika binas\u0131 ve arazisiyle birlikte k\u0131smi b\u00f6l\u00fcnme yoluyla devrald\u0131. Bu stratejik hamle, DMR G\u0131da&#8217;n\u0131n kimli\u011fini k\u00f6k\u00fcnden de\u011fi\u015ftirdi. Art\u0131k tek bir ma\u011faza i\u015fletmecisi de\u011fil, ayn\u0131 zamanda markan\u0131n \u00fcr\u00fcnlerini \u00fcreten b\u00fcy\u00fck bir end\u00fcstriyel \u00fcretici konumuna geldi.<\/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<h3><b>2. Sermaye Ba\u015fka, S\u00f6z Hakk\u0131 Ba\u015fka: \u0130mtiyazl\u0131 Hisselerin G\u00fcc\u00fc<\/b><\/h3>\n<p>Halka a\u00e7\u0131k \u015firketlerde genellikle sermaye pay\u0131 ile y\u00f6netimdeki s\u00f6z hakk\u0131 paralel ilerler. Ancak DMR G\u0131da&#8217;da durum olduk\u00e7a farkl\u0131 ve ilgi \u00e7ekici bir yap\u0131ya sahip. \u015eirketin ortakl\u0131k yap\u0131s\u0131na bak\u0131ld\u0131\u011f\u0131nda sermaye da\u011f\u0131l\u0131m\u0131 \u015fu \u015fekildedir: Simit Saray\u0131 Yat\u0131r\u0131m ve Ticaret A.\u015e. (%13.84), RE-PIE Portf\u00f6y (%17.31), BULLS Portf\u00f6y (%17.22) ve halka a\u00e7\u0131k olan &#8220;Di\u011fer&#8221; k\u0131s\u0131m (%51.63).<\/p>\n<p>\u0130lk bak\u0131\u015fta en b\u00fcy\u00fck pay halka a\u00e7\u0131k yat\u0131r\u0131mc\u0131lardaym\u0131\u015f gibi g\u00f6r\u00fcnse de, i\u015fin s\u0131rr\u0131 imtiyazl\u0131 hisselerde gizli. \u015eirket sermayesi A Grubu ve B Grubu paylardan olu\u015fuyor. \u0130mtiyazl\u0131 olan A Grubu hisselerin tamam\u0131 Simit Saray\u0131 Yat\u0131r\u0131m ve Ticaret A.\u015e.&#8217;nin elinde bulunuyor ve her bir A Grubu hisse 5 oy hakk\u0131 tan\u0131rken, B Grubu hisselerin sadece 1 oy hakk\u0131 var.<\/p>\n<p>Bu yap\u0131 sayesinde Simit Saray\u0131 Yat\u0131r\u0131m ve Ticaret A.\u015e., %13.84 gibi nispeten k\u00fc\u00e7\u00fck bir sermaye pay\u0131na sahip olmas\u0131na ra\u011fmen, \u015firketin toplam oy haklar\u0131n\u0131n %37.69&#8217;unu kontrol ediyor. Dahas\u0131, bu imtiyaz, 6 ki\u015filik y\u00f6netim kuruluna 3 \u00fcye aday g\u00f6sterme hakk\u0131n\u0131 da beraberinde getiriyor. Bu durum, sermaye sahipli\u011fi ile y\u00f6netim kontrol\u00fcn\u00fcn birbirinden nas\u0131l ayr\u0131labilece\u011finin \u00e7arp\u0131c\u0131 bir \u00f6rne\u011fidir.<\/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<h3><b>3. Finansal Bir Muamma: K\u00e2r Artarken Faaliyet K\u00e2r\u0131 Neden D\u00fc\u015ft\u00fc?<\/b><\/h3>\n<p>\u015eirketin gelir tablosu, ilk bak\u0131\u015fta kafa kar\u0131\u015ft\u0131r\u0131c\u0131 bir finansal bulmaca sunuyor. 30 Eyl\u00fcl ile biten dokuz ayl\u0131k d\u00f6nemler kar\u015f\u0131la\u015ft\u0131r\u0131ld\u0131\u011f\u0131nda, \u015firketin Net D\u00f6nem K\u00e2r\u0131 bir \u00f6nceki y\u0131la g\u00f6re %64\u2019l\u00fck etkileyici bir art\u0131\u015fla 25.3 milyon TL&#8217;den 41.6 milyon TL&#8217;ye y\u00fckselmi\u015f. Ancak ayn\u0131 d\u00f6nemde, \u015firketin ana operasyonlar\u0131ndan elde etti\u011fi Esas Faaliyet K\u00e2r\u0131, %45 gibi keskin bir d\u00fc\u015f\u00fc\u015fle 122.8 milyon TL&#8217;den 67.2 milyon TL&#8217;ye gerilemi\u015f.<\/p>\n<p>Ancak bu durum, ilk bak\u0131\u015fta g\u00f6r\u00fcnd\u00fc\u011f\u00fc gibi bir operasyonel zay\u0131flama anlam\u0131na gelmiyor. Aksine, resmin tamam\u0131 \u015firketin ana i\u015f kolundaki g\u00fcc\u00fcn\u00fc ortaya koyuyor. Bulmacan\u0131n \u00e7\u00f6z\u00fcm\u00fcn\u00fc anlamak i\u00e7in faaliyet k\u00e2r\u0131n\u0131n bir \u00fcst sat\u0131r\u0131na, yani \u015firketin mal ve hizmet sat\u0131\u015f\u0131ndan elde etti\u011fi k\u00e2ra bakmak gerekiyor. \u015eirketin Br\u00fct K\u00e2r\u0131, ayn\u0131 d\u00f6nemde %40 gibi g\u00fc\u00e7l\u00fc bir art\u0131\u015fla 286 milyon TL&#8217;den 399 milyon TL&#8217;ye y\u00fckselmi\u015f durumda.<\/p>\n<p>Peki, Br\u00fct K\u00e2r artarken Esas Faaliyet K\u00e2r\u0131 neden d\u00fc\u015ft\u00fc? Cevap, ge\u00e7en y\u0131lki rakamlar\u0131 \u015fi\u015firen ve bu y\u0131l tekrarlanmayan gelirlerde gizli. 2024 y\u0131l\u0131ndaki faaliyet k\u00e2r\u0131, &#8220;Esas Faaliyetlerden Di\u011fer Gelirler&#8221; kalemi alt\u0131nda yer alan y\u00fcksek bir gelir sayesinde 122.8 milyon TL&#8217;ye ula\u015fm\u0131\u015ft\u0131. Bu y\u0131l ise bu kalemdeki gelirler normalle\u015fti ve bu da faaliyet k\u00e2r\u0131n\u0131n daha ger\u00e7ek\u00e7i bir seviyeye inmesine neden oldu. As\u0131l hikaye, \u015firketin operasyonlar\u0131ndaki bir zay\u0131flama de\u011fil, tam tersine, ge\u00e7en seneki y\u00fcksek gelirin yoklu\u011funa ra\u011fmen net k\u00e2r\u0131n\u0131 art\u0131rabilmesidir. Bu durum, \u015firketin \u00e7ekirdek faaliyetlerindeki temel g\u00fcc\u00fc ve k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 s\u00fcrd\u00fcrd\u00fc\u011f\u00fcn\u00fc g\u00f6steren \u00f6nemli bir detayd\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<h3><b>4. K\u00e2ra Ra\u011fmen Temett\u00fc Yok: \u0130ki Farkl\u0131 Muhasebenin Hikayesi<\/b><\/h3>\n<p>Hissedarlar i\u00e7in en \u00f6nemli konulardan biri olan k\u00e2r pay\u0131 (temett\u00fc) da\u011f\u0131t\u0131m\u0131 konusunda DMR G\u0131da&#8217;n\u0131n 2024 y\u0131l\u0131 i\u00e7in ald\u0131\u011f\u0131 karar, halka a\u00e7\u0131k \u015firketlerin kar\u015f\u0131la\u015ft\u0131\u011f\u0131 karma\u015f\u0131kl\u0131\u011f\u0131 net bir \u015fekilde ortaya koyuyor. Yap\u0131lan Genel Kurul toplant\u0131s\u0131nda, 2024 y\u0131l\u0131 i\u00e7in hissedarlara temett\u00fc da\u011f\u0131t\u0131lmamas\u0131na karar verildi.<\/p>\n<p>Bu karar\u0131n arkas\u0131ndaki \u015fa\u015f\u0131rt\u0131c\u0131 neden ise iki farkl\u0131 muhasebe standard\u0131n\u0131n ortaya \u00e7\u0131kard\u0131\u011f\u0131 z\u0131t sonu\u00e7lar. \u015eirket, Sermaye Piyasas\u0131 Kurulu (SPK) standartlar\u0131na g\u00f6re haz\u0131rlanan finansal tablolarda 139.7 milyon TL net k\u00e2r a\u00e7\u0131klam\u0131\u015ft\u0131. Ancak, Vergi Usul Kanunu&#8217;na (VUK) g\u00f6re haz\u0131rlanan yasal kay\u0131tlarda ise ayn\u0131 d\u00f6nem i\u00e7in 64.2 milyon TL zarar g\u00f6r\u00fcn\u00fcyordu. Yasal kay\u0131tlarda zarar olmas\u0131 nedeniyle, k\u00e2r da\u011f\u0131t\u0131m\u0131 yap\u0131lmamas\u0131 karar\u0131 al\u0131nd\u0131. Bu durum, halka a\u00e7\u0131k bir \u015firketin farkl\u0131 yasal \u00e7er\u00e7eveler aras\u0131nda nas\u0131l denge kurmak zorunda kald\u0131\u011f\u0131n\u0131 ve bunun yat\u0131r\u0131mc\u0131 kararlar\u0131n\u0131 nas\u0131l do\u011frudan etkiledi\u011fini g\u00f6steren m\u00fckemmel bir \u00f6rnek.<\/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<h3><b>5. Ak\u0131ll\u0131ca Bir Hamle: Kendi Hisselerinden 56 Milyon TL K\u00e2r Ettiler<\/b><\/h3>\n<p>\u015eirket y\u00f6netiminin, hisse senedi fiyat\u0131n\u0131n \u015firketin ger\u00e7ek performans\u0131n\u0131 yans\u0131tmad\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnd\u00fc\u011f\u00fc durumlarda ba\u015fvurdu\u011fu y\u00f6ntemlerden biri de hisse geri al\u0131m programlar\u0131d\u0131r. DMR G\u0131da, bu stratejiyi olduk\u00e7a k\u00e2rl\u0131 bir finansal manevraya d\u00f6n\u00fc\u015ft\u00fcrmeyi ba\u015fard\u0131.<\/p>\n<p>Y\u00f6netim Kurulu karar\u0131yla ba\u015flat\u0131lan program kapsam\u0131nda \u015firket, piyasadan ortalama 13.33 TL fiyattan toplam 10.000.000 adet kendi hissesini geri ald\u0131. Bu al\u0131m i\u00e7in kasas\u0131ndan toplam 133.3 milyon TL \u00e7\u0131kt\u0131. Bir s\u00fcre sonra, 8 May\u0131s 2025 tarihinde, geri ald\u0131\u011f\u0131 bu hisselerin tamam\u0131n\u0131 hisse ba\u015f\u0131na 19.00 TL fiyattan satt\u0131 ve toplamda 190 milyon TL gelir elde etti.<\/p>\n<p>Bu ba\u015far\u0131l\u0131 al\u0131m-sat\u0131m operasyonunun sonucunda \u015firket, kendi hisseleri \u00fczerinden tam 56.7 milyon TL k\u00e2r elde etti. Bu, y\u00f6netimin piyasa zamanlamas\u0131n\u0131 do\u011fru kullanarak \u015firket i\u00e7in nas\u0131l ek de\u011fer yaratabildi\u011fini g\u00f6steren ak\u0131ll\u0131ca ve ba\u015far\u0131l\u0131 bir finansal hamleydi.<\/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<h3><b>Conclusion: Beyond the Simit<\/b><\/h3>\n<p>DMR G\u0131da&#8217;n\u0131n faaliyet raporu, Simit Saray\u0131 markas\u0131n\u0131n sadece lezzetli unlu mamullerden ibaret olmad\u0131\u011f\u0131n\u0131 a\u00e7\u0131k\u00e7a g\u00f6steriyor. Markan\u0131n arkas\u0131nda, oy haklar\u0131n\u0131n sermaye pay\u0131n\u0131 geride b\u0131rakt\u0131\u011f\u0131 imtiyazl\u0131 bir yap\u0131, k\u00e2r\u0131n\u0131 iki farkl\u0131 muhasebe standard\u0131na g\u00f6re tartan bir finansal y\u00f6netim ve kendi hisselerinden on milyonlarca lira k\u00e2r eden stratejik bir yat\u0131r\u0131mc\u0131 var.<\/p>\n<p>Bir dahaki sefere bir Simit Saray\u0131&#8217;ndan i\u00e7eri girdi\u011finizde, vitrindeki lezzetlerin arkas\u0131nda yatan bu karma\u015f\u0131k finansal ve kurumsal d\u00fcnyay\u0131 d\u00fc\u015f\u00fcnecek misiniz?<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"color: #0000ff;\">DMR G\u0131da 30.09.2025 Faaliyet ve Finansal Rapor \u00d6zeti<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu brifing, DMR Unlu Mamuller \u00dcretim G\u0131da Toptan Perakende \u0130hracat A.\u015e.&#8217;nin (&#8220;DMR G\u0131da&#8221; veya &#8220;\u015eirket&#8221;) 30 Eyl\u00fcl 2025 tarihinde sona eren dokuz ayl\u0131k d\u00f6neme ait faaliyet ve finansal raporlar\u0131na dayanarak haz\u0131rlanm\u0131\u015ft\u0131r. Raporlar, \u015eirket&#8217;in &#8220;Simit Saray\u0131&#8221; markas\u0131 alt\u0131nda g\u00fc\u00e7l\u00fc bir b\u00fcy\u00fcme performans\u0131 sergiledi\u011fini, ancak operasyonel k\u00e2rl\u0131l\u0131kta zorluklarla kar\u015f\u0131la\u015ft\u0131\u011f\u0131n\u0131 g\u00f6stermektedir.<\/p>\n<p>D\u00f6nemin \u00f6ne \u00e7\u0131kan finansal sonu\u00e7lar\u0131 aras\u0131nda, has\u0131lat\u0131n bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %21 art\u0131\u015fla 739,6 milyon TL&#8217;ye, br\u00fct k\u00e2r\u0131n %40 art\u0131\u015fla 398,7 milyon TL&#8217;ye ve net d\u00f6nem k\u00e2r\u0131n\u0131n %64 art\u0131\u015fla 41,6 milyon TL&#8217;ye ula\u015fmas\u0131 yer almaktad\u0131r. Bu b\u00fcy\u00fcmeye kar\u015f\u0131n, artan pazarlama ve di\u011fer operasyonel giderler nedeniyle Esas Faaliyet K\u00e2r\u0131 %45 oran\u0131nda azalarak 67,2 milyon TL&#8217;ye gerilemi\u015ftir.<\/p>\n<p>Stratejik olarak \u015eirket, 2023 sonlar\u0131nda Bima\u015f G\u0131da, \u0130stiklal G\u0131da ve SS Airport G\u0131da&#8217;y\u0131 b\u00fcnyesine katarak perakende a\u011f\u0131n\u0131 geni\u015fletmi\u015ftir. Ayr\u0131ca, 2025&#8217;in ilk yar\u0131s\u0131nda tamamlanan pay geri al\u0131m program\u0131ndan 56,7 milyon TL k\u00e2r elde edilmi\u015ftir. Gelecek hedefleri aras\u0131nda \u00fcretim s\u00fcre\u00e7lerini optimize etmek, yeni \u00fcretim hatlar\u0131 kurmak, yurt i\u00e7i ve yurt d\u0131\u015f\u0131nda yeni ma\u011fazalar a\u00e7mak ve Ar-Ge faaliyetleriyle \u00fcr\u00fcn portf\u00f6y\u00fcn\u00fc geni\u015fletmek bulunmaktad\u0131r. \u015eirket, kurumsal y\u00f6netim ilkelerine uyum \u00e7er\u00e7evesinde komiteler ve Yat\u0131r\u0131mc\u0131 \u0130li\u015fkileri Birimi kurarak \u015feffafl\u0131k ve hesap verebilirlik konular\u0131nda ad\u0131mlar atm\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<h3>1. \u015eirket Profili ve Tarihsel Geli\u015fim<\/h3>\n<p>DMR G\u0131da, 30 Ekim 2009&#8217;da Antalya&#8217;da kurulmu\u015f, 2021 y\u0131l\u0131nda merkezini \u0130stanbul&#8217;a ta\u015f\u0131yarak anonim \u015firkete d\u00f6n\u00fc\u015fm\u00fc\u015ft\u00fcr. \u015eirket, ba\u015flang\u0131\u00e7ta Simit Saray\u0131 Antalya Havaliman\u0131 Ma\u011fazas\u0131 olarak perakende sat\u0131\u015f\u0131 yaparken, 6 A\u011fustos 2021&#8217;de Simit Saray\u0131 Yat\u0131r\u0131m ve Ticaret A.\u015e.&#8217;nin unlu mamuller \u00fcretim tesisini k\u0131smi b\u00f6l\u00fcnme yoluyla devralarak \u00fcretim faaliyetine ba\u015flam\u0131\u015ft\u0131r.<\/p>\n<p><b>Halka Arz ve Borsa Bilgileri:<\/b><\/p>\n<ul>\n<li><b>Halka Arz:<\/b> \u015eirket, sermayesini 110.300.000 TL&#8217;den 185.300.000 TL&#8217;ye \u00e7\u0131kararak 75.000.000 TL nominal de\u011ferli paylar\u0131n\u0131 21-22 Eyl\u00fcl 2023 tarihlerinde halka arz etmi\u015ftir.<\/li>\n<li><b>Borsada \u0130\u015flem:<\/b> Paylar, 29 Eyl\u00fcl 2023 tarihinde 10,24 TL baz fiyat \u00fczerinden Borsa \u0130stanbul Ana Pazar&#8217;da i\u015flem g\u00f6rmeye ba\u015flam\u0131\u015ft\u0131r.<\/li>\n<li><b>Dahil Oldu\u011fu Endeksler:<\/b> B\u0130ST ANA, B\u0130ST T\u00dcM, B\u0130ST GIDA, \u0130\u00c7ECEK, B\u0130ST T\u00dcM 100, B\u0130ST SINA\u0130, B\u0130ST \u0130STANBUL, B\u0130ST 500.<\/li>\n<\/ul>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kurumsal Bilgiler<\/td>\n<td>Detay<\/td>\n<\/tr>\n<tr>\n<td><b>Ticaret Unvan\u0131<\/b><\/td>\n<td>DMR UNLU MAMULLER \u00dcRET\u0130M GIDA TOPTAN PERAKENDE \u0130HRACAT A.\u015e.<\/td>\n<\/tr>\n<tr>\n<td><b>Merkez Adresi<\/b><\/td>\n<td>Ey\u00fcp Sultan Mah. \u0130bni Sina Cad. Simit Saray\u0131 Blok No:21 Sancaktepe \u2013 \u0130stanbul<\/td>\n<\/tr>\n<tr>\n<td><b>Ticaret Sicil No<\/b><\/td>\n<td>300663-5<\/td>\n<\/tr>\n<tr>\n<td><b>Mersis No<\/b><\/td>\n<td>0302-1139-9430-0001<\/td>\n<\/tr>\n<tr>\n<td><b>Web Sitesi<\/b><\/td>\n<td>www.dmrbakery.com<\/td>\n<\/tr>\n<tr>\n<td><b>Yat\u0131r\u0131mc\u0131 \u0130li\u015fkileri E-posta<\/b><\/td>\n<td>yatirimci.iliskileri@dmrunlumamuller.com<\/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<h3>2. Faaliyet Alanlar\u0131, \u00dcretim Kapasitesi ve \u00dcr\u00fcnler<\/h3>\n<p>\u015eirket, &#8220;Simit Saray\u0131&#8221; markas\u0131 alt\u0131nda \u00e7ok y\u00f6nl\u00fc bir i\u015f modeliyle faaliyet g\u00f6stermektedir:<\/p>\n<ul>\n<li><b>Perakende Ma\u011faza Sat\u0131\u015flar\u0131:<\/b> \u015eirkete ve ba\u011fl\u0131 ortakl\u0131klar\u0131na ait ma\u011fazalarda unlu mamul sat\u0131\u015f\u0131.<\/li>\n<li><b>Toptan Sat\u0131\u015f:<\/b> \u00dcretilen unlu mamullerin franchise ma\u011fazalar\u0131na ve di\u011fer kanallara toptan sat\u0131\u015f\u0131.<\/li>\n<li><b>Ma\u011faza Sat\u0131\u015flar\u0131:<\/b> Yeni a\u00e7\u0131lan ma\u011fazalar\u0131n sat\u0131\u015f\u0131 ve dekorasyon hizmetleri.<\/li>\n<li><b>Di\u011fer Hizmetler:<\/b> Simit Saray\u0131 Yat\u0131r\u0131m A.\u015e. ve ba\u011fl\u0131 ortakl\u0131klar\u0131n\u0131n ma\u011fazalar\u0131na personel destek hizmeti.<\/li>\n<\/ul>\n<p><b>\u00dcretim Tesisi:<\/b><\/p>\n<ul>\n<li><b>Konum:<\/b> Sancaktepe, \u0130stanbul<\/li>\n<li><b>Alan:<\/b> 2.542 m\u00b2 arazi \u00fczerinde 3.600 m\u00b2 kapal\u0131 alan<\/li>\n<li><b>Y\u0131ll\u0131k Kapasite:<\/b> Yakla\u015f\u0131k 12.800 ton<\/li>\n<\/ul>\n<p><b>Ba\u015fl\u0131ca \u00dcr\u00fcn Gruplar\u0131:<\/b><\/p>\n<ul>\n<li>Simit, ekmek, b\u00f6rek, po\u011fa\u00e7a ve kruvasan \u00e7e\u015fitleri<\/li>\n<li>Kurabiye, muffin ve \u00e7\u00f6rek \u00e7e\u015fitleri<\/li>\n<li>Pizza, pasta ve dondurma \u00e7e\u015fitleri<\/li>\n<li>Dondurulmu\u015f meyveli \u015furup ve di\u011fer i\u00e7ecekler<\/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<h3>3. Sermaye ve Ortakl\u0131k Yap\u0131s\u0131<\/h3>\n<p>\u015eirket, kay\u0131tl\u0131 sermaye sistemine tabidir. 30 Eyl\u00fcl 2025 itibar\u0131yla sermaye ve ortakl\u0131k yap\u0131s\u0131 a\u015fa\u011f\u0131daki gibidir:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Sermaye Bilgileri<\/td>\n<td>Tutar (TL)<\/td>\n<\/tr>\n<tr>\n<td><b>Kay\u0131tl\u0131 Sermaye Tavan\u0131<\/b><\/td>\n<td>450.000.000<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6denmi\u015f Sermaye<\/b><\/td>\n<td>185.300.000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>\u00d6nemli Ortaklar (30.09.2025):<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Orta\u011f\u0131n Unvan\u0131<\/td>\n<td>Sermayedeki Pay\u0131 (TL)<\/td>\n<td>Sermayedeki Pay\u0131 (%)<\/td>\n<td>Oy Hakk\u0131 Oran\u0131 (%)<\/td>\n<\/tr>\n<tr>\n<td><b>S\u0130M\u0130T SARAYI YATIRIM VE T\u0130C. A.\u015e.<\/b><\/td>\n<td>25.638.120<\/td>\n<td>15,97<\/td>\n<td>39,82<\/td>\n<\/tr>\n<tr>\n<td>* A Grubu (\u0130mtiyazl\u0131)*<\/td>\n<td><i>20.000.000<\/i><\/td>\n<td><i>13,84<\/i><\/td>\n<td><i>37,69<\/i><\/td>\n<\/tr>\n<tr>\n<td>* B Grubu*<\/td>\n<td><i>5.638.120<\/i><\/td>\n<td><i>2,13<\/i><\/td>\n<td><i>2,13<\/i><\/td>\n<\/tr>\n<tr>\n<td><b>RE-PIE PORTF\u00d6Y Y\u00d6NET\u0130M\u0130 A.\u015e.<\/b><\/td>\n<td>32.072.726<\/td>\n<td>17,31<\/td>\n<td>12,09<\/td>\n<\/tr>\n<tr>\n<td><b>BULLS PORTF\u00d6Y MUTLAK GET\u0130R\u0130 HEDEFL\u0130 FON<\/b><\/td>\n<td>31.900.000<\/td>\n<td>17,22<\/td>\n<td>12,02<\/td>\n<\/tr>\n<tr>\n<td><b>D\u0130\u011eER (Halka A\u00e7\u0131k K\u0131s\u0131m Dahil)<\/b><\/td>\n<td>95.689.154<\/td>\n<td>51,63<\/td>\n<td>36,07<\/td>\n<\/tr>\n<tr>\n<td><b>TOPLAM<\/b><\/td>\n<td><b>185.300.000<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><i>Not: Simit Saray\u0131 Yat\u0131r\u0131m A.\u015e.&#8217;nin paylar\u0131 A ve B grubu olarak ayr\u0131\u015ft\u0131r\u0131lm\u0131\u015ft\u0131r. Oy hakk\u0131 oranlar\u0131, A grubu paylar\u0131n 5 oy hakk\u0131na sahip olmas\u0131 nedeniyle sermaye paylar\u0131ndan farkl\u0131d\u0131r.<\/i><\/p>\n<p><b>\u0130mtiyazl\u0131 Paylar:<\/b> Sermayenin tamam\u0131 Simit Saray\u0131 Yat\u0131r\u0131m ve Ticaret A.\u015e.&#8217;ye ait olan (A) grubu paylar, 6 ki\u015filik Y\u00f6netim Kurulu&#8217;na 3 \u00fcye aday\u0131 g\u00f6sterme hakk\u0131na sahiptir. Ayr\u0131ca ola\u011fan ve ola\u011fan\u00fcst\u00fc genel kurullarda her bir (A) grubu pay\u0131n 5 oy hakk\u0131 varken, (B) grubu paylar\u0131n 1 oy hakk\u0131 bulunmaktad\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<h3>4. Finansal Performans (01.01.2025 &#8211; 30.09.2025)<\/h3>\n<p>\u015eirket, 2025 y\u0131l\u0131n\u0131n ilk dokuz ay\u0131nda g\u00fc\u00e7l\u00fc bir gelir ve net k\u00e2r art\u0131\u015f\u0131 kaydetmi\u015f, ancak operasyonel k\u00e2rl\u0131l\u0131kta d\u00fc\u015f\u00fc\u015f ya\u015fam\u0131\u015ft\u0131r. Finansal tablolar, TMS 29 (Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama) standard\u0131na g\u00f6re 30 Eyl\u00fcl 2025 tarihindeki sat\u0131n alma g\u00fcc\u00fcyle haz\u0131rlanm\u0131\u015ft\u0131r.<\/p>\n<p><b>\u00d6zet Finansal Durum Tablosu (TL):<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td><b>30 Eyl\u00fcl 2025<\/b><\/td>\n<td><b>31 Aral\u0131k 2024<\/b><\/td>\n<td><b>De\u011fi\u015fim (%)<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nen Varl\u0131klar<\/b><\/td>\n<td>1.235.642.099<\/td>\n<td>885.980.467<\/td>\n<td>39%<\/td>\n<\/tr>\n<tr>\n<td><i>Ticari Alacaklar<\/i><\/td>\n<td><i>695.448.076<\/i><\/td>\n<td><i>217.682.829<\/i><\/td>\n<td><i>220%<\/i><\/td>\n<\/tr>\n<tr>\n<td><b>Duran Varl\u0131klar<\/b><\/td>\n<td>1.161.852.773<\/td>\n<td>1.224.537.927<\/td>\n<td>-5%<\/td>\n<\/tr>\n<tr>\n<td><b>TOPLAM VARLIKLAR<\/b><\/td>\n<td><b>2.397.494.872<\/b><\/td>\n<td><b>2.110.518.394<\/b><\/td>\n<td><b>14%<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td>550.229.895<\/td>\n<td>459.083.414<\/td>\n<td>20%<\/td>\n<\/tr>\n<tr>\n<td><b>Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td>129.998.522<\/td>\n<td>185.311.768<\/td>\n<td>-30%<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6Z KAYNAKLAR<\/b><\/td>\n<td><b>1.717.266.455<\/b><\/td>\n<td><b>1.466.123.212<\/b><\/td>\n<td><b>17%<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>TOPLAM KAYNAKLAR<\/b><\/td>\n<td><b>2.397.494.872<\/b><\/td>\n<td><b>2.110.518.394<\/b><\/td>\n<td><b>14%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Finansal Durum Analizi:<\/b><\/p>\n<ul>\n<li>D\u00f6nen varl\u0131klardaki %39&#8217;luk art\u0131\u015f\u0131n ana kayna\u011f\u0131, ticari alacaklardaki %220&#8217;lik \u00f6nemli y\u00fckseli\u015ftir. Bu durum, ortalama tahsilat s\u00fcresinin 150 g\u00fcnden 253 g\u00fcne \u00e7\u0131kmas\u0131yla teyit edilmektedir.<\/li>\n<li>\u00d6z kaynaklar, d\u00f6nem k\u00e2r\u0131 ve pay geri al\u0131m program\u0131n\u0131n olumlu etkisiyle %17 oran\u0131nda artm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p><b>\u00d6zet Gelir Tablosu (TL):<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td><b>30.09.2025 (9 Ay)<\/b><\/td>\n<td><b>30.09.2024 (9 Ay)<\/b><\/td>\n<td><b>De\u011fi\u015fim (%)<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>HASILAT<\/b><\/td>\n<td><b>739.555.848<\/b><\/td>\n<td><b>611.051.123<\/b><\/td>\n<td><b>21%<\/b><\/td>\n<\/tr>\n<tr>\n<td>SATI\u015eLARIN MAL\u0130YET\u0130 (-)<\/td>\n<td>(340.858.658)<\/td>\n<td>(324.886.828)<\/td>\n<td>5%<\/td>\n<\/tr>\n<tr>\n<td><b>BR\u00dcT K\u00c2R<\/b><\/td>\n<td><b>398.697.190<\/b><\/td>\n<td><b>286.164.295<\/b><\/td>\n<td><b>40%<\/b><\/td>\n<\/tr>\n<tr>\n<td>Pazarlama, Sat\u0131\u015f ve Da\u011f\u0131t\u0131m Giderleri (-)<\/td>\n<td>(364.631.273)<\/td>\n<td>(333.004.012)<\/td>\n<td>9%<\/td>\n<\/tr>\n<tr>\n<td>Esas Faaliyetlerden Di\u011fer Giderler (-)<\/td>\n<td>(160.084.503)<\/td>\n<td>(102.451.225)<\/td>\n<td>56%<\/td>\n<\/tr>\n<tr>\n<td>Esas Faaliyetlerden Di\u011fer Gelirler<\/td>\n<td>224.158.776<\/td>\n<td>311.229.487<\/td>\n<td>-28%<\/td>\n<\/tr>\n<tr>\n<td><b>ESAS FAAL\u0130YET K\u00c2RI<\/b><\/td>\n<td><b>67.197.605<\/b><\/td>\n<td><b>122.824.496<\/b><\/td>\n<td><b>-45%<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>NET D\u00d6NEM K\u00c2RI<\/b><\/td>\n<td><b>41.649.755<\/b><\/td>\n<td><b>25.373.360<\/b><\/td>\n<td><b>64%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Gelir Tablosu Analizi:<\/b><\/p>\n<ul>\n<li>Has\u0131lat art\u0131\u015f\u0131 ve sat\u0131\u015flar\u0131n maliyetindeki s\u0131n\u0131rl\u0131 art\u0131\u015f, br\u00fct k\u00e2r marj\u0131nda \u00f6nemli bir iyile\u015fme sa\u011flam\u0131\u015ft\u0131r.<\/li>\n<li>Ancak, Esas Faaliyet K\u00e2r\u0131&#8217;ndaki %45&#8217;lik d\u00fc\u015f\u00fc\u015f; pazarlama giderlerindeki art\u0131\u015f, di\u011fer faaliyet giderlerindeki %56&#8217;l\u0131k y\u00fckseli\u015f ve di\u011fer faaliyet gelirlerindeki %28&#8217;lik d\u00fc\u015f\u00fc\u015ften kaynaklanmaktad\u0131r.<\/li>\n<li>Vergi geliri ve finansal kalemlerin etkisiyle net d\u00f6nem k\u00e2r\u0131 %64&#8217;l\u00fck g\u00fc\u00e7l\u00fc bir art\u0131\u015f g\u00f6stermi\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<h3>5. Stratejik Geli\u015fmeler ve Gelecek Hedefleri<\/h3>\n<p><b>Pay Geri Al\u0131m Program\u0131:<\/b><\/p>\n<ul>\n<li>21.12.2023 tarihinde ba\u015flat\u0131lan program kapsam\u0131nda, 13,33 TL ortalama fiyattan 10.000.000 adet pay geri al\u0131nm\u0131\u015ft\u0131r (maliyet: 133,3 milyon TL).<\/li>\n<li>08.05.2025 tarihinde bu paylar\u0131n tamam\u0131 19,00 TL fiyattan sat\u0131larak 190 milyon TL gelir elde edilmi\u015ftir.<\/li>\n<li>\u0130\u015flem sonucunda <b>56.736.777 TL k\u00e2r<\/b> olu\u015fmu\u015f ve program kapat\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p><b>Ba\u011fl\u0131 Ortakl\u0131k Edinimi:<\/b> \u015eirket, 28 Aral\u0131k 2023 tarihinde ana orta\u011f\u0131 Simit Saray\u0131 Yat\u0131r\u0131m ve Ticaret A.\u015e.&#8217;den perakende ma\u011fazac\u0131l\u0131k alan\u0131nda faaliyet g\u00f6steren \u00fc\u00e7 \u015firketin %100 hissesini sat\u0131n alm\u0131\u015ft\u0131r:<\/p>\n<ol>\n<li>B\u0130MA\u015e G\u0131da Yat\u0131r\u0131mlar\u0131 San. ve Tic. A.\u015e.<\/li>\n<li>\u0130stiklal G\u0131da Sanayi ve Ticaret A.\u015e.<\/li>\n<li>SS Airport G\u0131da Sanayi ve Ticaret A.\u015e.<\/li>\n<\/ol>\n<p><b>Gelecek Hedefleri:<\/b><\/p>\n<ul>\n<li>Mevcut \u00fcretim s\u00fcre\u00e7lerini optimize etmek ve h\u0131zland\u0131rmak.<\/li>\n<li>Kapasite art\u0131\u015f\u0131 i\u00e7in yeni \u00fcretim hatlar\u0131 kurmak.<\/li>\n<li>Yurt i\u00e7i ve yurt d\u0131\u015f\u0131nda yeni ma\u011fazalar a\u00e7arak rekabet g\u00fcc\u00fcn\u00fc art\u0131rmak.<\/li>\n<li>Sat\u0131\u015f ve da\u011f\u0131t\u0131m kapasitesini g\u00fc\u00e7lendirmek.<\/li>\n<\/ul>\n<p><b>K\u00e2r Da\u011f\u0131t\u0131m Politikas\u0131:<\/b> \u015eirket&#8217;in k\u00e2r da\u011f\u0131t\u0131m politikas\u0131nda herhangi bir imtiyaz bulunmamaktad\u0131r. 10 Ekim 2025 tarihli Genel Kurul&#8217;da, 2024 y\u0131l\u0131 hesap d\u00f6nemine ili\u015fkin k\u00e2r\u0131n da\u011f\u0131t\u0131lmamas\u0131na karar verilmi\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<h3>6. Kurumsal Y\u00f6netim<\/h3>\n<p><b>Y\u00f6netim Kurulu (10.10.2025 itibar\u0131yla):<\/b><\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ad\u0131 Soyad\u0131<\/td>\n<td>G\u00f6revi<\/td>\n<\/tr>\n<tr>\n<td>Abdullah Kavukcu<\/td>\n<td>Y\u00f6netim Kurulu Ba\u015fkan\u0131<\/td>\n<\/tr>\n<tr>\n<td>Caner Bing\u00f6l<\/td>\n<td>Y\u00f6netim Kurulu Ba\u015fkan Vekili<\/td>\n<\/tr>\n<tr>\n<td>Mehmet Ali Ergin<\/td>\n<td>Y\u00f6netim Kurulu Ba\u015fkan Vekili<\/td>\n<\/tr>\n<tr>\n<td>Ay\u015fe Nur Okutur<\/td>\n<td>Y\u00f6netim Kurulu \u00dcyesi<\/td>\n<\/tr>\n<tr>\n<td>Emek Toraman \u00c7olgar<\/td>\n<td>Y\u00f6netim Kurulu Ba\u011f\u0131ms\u0131z \u00dcyesi<\/td>\n<\/tr>\n<tr>\n<td>Tevfik G\u00fcnal<\/td>\n<td>Y\u00f6netim Kurulu Ba\u011f\u0131ms\u0131z \u00dcyesi<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Komiteler:<\/b> \u015eirket, 25 Mart 2024 tarihli Y\u00f6netim Kurulu karar\u0131yla SPK mevzuat\u0131na uyum kapsam\u0131nda \u00fc\u00e7 ana komite olu\u015fturmu\u015ftur:<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Denetimden Sorumlu Komite<\/td>\n<td>Riskin Erken Saptanmas\u0131 Komitesi<\/td>\n<td>Kurumsal Y\u00f6netim Komitesi<\/td>\n<\/tr>\n<tr>\n<td>Emek Toraman \u00c7olgar (Ba\u015fkan)<\/td>\n<td>Emek Toraman \u00c7olgar (Ba\u015fkan)<\/td>\n<td>Tevfik G\u00fcnal (Ba\u015fkan)<\/td>\n<\/tr>\n<tr>\n<td>Tevfik G\u00fcnal (\u00dcye)<\/td>\n<td>Tevfik G\u00fcnal (\u00dcye)<\/td>\n<td>Ay\u015fe Ata (\u00dcye)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Yat\u0131r\u0131mc\u0131 \u0130li\u015fkileri Birimi:<\/b> SPK tebli\u011fleri uyar\u0131nca 25 Mart 2024&#8217;te kurulan birimin y\u00f6neticili\u011fini Ay\u015fe Ata y\u00fcr\u00fctmektedir. Birim, pay sahipleriyle ileti\u015fimi sa\u011flamak, genel kurul s\u00fcre\u00e7lerini y\u00f6netmek ve sermaye piyasas\u0131 mevzuat\u0131ndan kaynaklanan y\u00fck\u00fcml\u00fcl\u00fckleri takip etmekle g\u00f6revlidir.<\/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<h3>7. Ara\u015ft\u0131rma-Geli\u015ftirme ve Sertifikalar<\/h3>\n<p>\u015eirket, \u00fcr\u00fcn portf\u00f6y\u00fcn\u00fc geli\u015ftirmeye y\u00f6nelik Ar-Ge faaliyetlerine devam etmektedir:<\/p>\n<ul>\n<li>Paketli kurabiye ve cookie \u00e7e\u015fitleri geli\u015ftirilerek ma\u011fazalarda sat\u0131\u015fa sunulmu\u015ftur.<\/li>\n<li>Paketli dilim kek, bu\u011fday unu i\u00e7ermeyen at\u0131\u015ft\u0131rmal\u0131klar ve vegan \u00fcr\u00fcnler \u00fczerine Ar-Ge \u00e7al\u0131\u015fmalar\u0131 s\u00fcrmektedir.<\/li>\n<li>Geleneksel a\u00e7ma ve kruvasan\u0131 birle\u015ftiren &#8220;Crageli&#8221; \u00fcr\u00fcn\u00fc geli\u015ftirilmektedir.<\/li>\n<\/ul>\n<p><b>Sertifikalar ve Ba\u015far\u0131lar:<\/b><\/p>\n<ul>\n<li>13 Ocak 2025&#8217;te T\u00fcrkiye&#8217;de simide <b>TSE Uygunluk Belgesi<\/b> alan ilk firma olmu\u015ftur.<\/li>\n<li>ISO 9001, ISO 22000, FSSC 22000, ISO 14001, ISO 45001, SEDEX ve Helal Uygunluk Belgelerine sahiptir.<\/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<h3>8. Ma\u011faza A\u011f\u0131 ve \u0130nsan Kaynaklar\u0131<\/h3>\n<p><b>Personel Say\u0131s\u0131:<\/b> 30 Eyl\u00fcl 2025 itibar\u0131yla \u015eirket&#8217;in ortalama personel say\u0131s\u0131, bir \u00f6nceki y\u0131l sonuna g\u00f6re %19 artarak 412&#8217;den <b>492<\/b> ki\u015fiye y\u00fckselmi\u015ftir. (265 fabrika, 193 kendi ma\u011fazalar\u0131, 34 di\u011fer).<\/p>\n<p><b>Ma\u011faza A\u011f\u0131:<\/b> \u015eirket&#8217;in do\u011frudan sahip oldu\u011fu, ba\u011fl\u0131 ortakl\u0131klar\u0131 arac\u0131l\u0131\u011f\u0131yla sahip oldu\u011fu ve i\u015fletme hakk\u0131n\u0131 elinde bulundurdu\u011fu ma\u011fazalar bulunmaktad\u0131r.<\/p>\n<ul>\n<li><b>DMR G\u0131da&#8217;ya Ait Ma\u011fazalar:<\/b> Bursa DownTown, Galataport, Sakarya Cadde 54, Metrocity, Hendek G\u00fcney ve 2 adet Karavan Ma\u011fazas\u0131.<\/li>\n<li><b>Ba\u011fl\u0131 Ortakl\u0131klara Ait Ma\u011fazalar:<\/b> Sirkeci, Forum \u0130stanbul, Yenikap\u0131, Sabiha G\u00f6k\u00e7en (D\u0131\u015f Hatlar, Giden Yolcu, Uzak U\u00e7u\u015f), Viaport (Meydan, Alt Kat, 3), Via Marina Tuzla, Ankara K\u0131z\u0131lay, Cevahir AVM.<\/li>\n<li><b>\u0130\u015fletme Hakk\u0131 \u015eirkete Ait Ma\u011faza:<\/b> \u0130stanbul T\u00fcyap.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"684\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Sunulan belgeler, **DMR Unlu Mamuller** \u015firketinin 30 Eyl\u00fcl 2025 tarihinde sona eren d\u00f6neme ait **\u00f6zet konsolide finansal raporlar\u0131n\u0131** ve bunlara dair a\u00e7\u0131klay\u0131c\u0131 dipnotlar\u0131 i\u00e7ermektedir. &#8220;Simit Saray\u0131&#8221; markas\u0131yla \u00fcretim, toptan sat\u0131\u015f ve perakende ma\u011fazac\u0131l\u0131k faaliyetlerini y\u00fcr\u00fcten grubun; **bilan\u00e7o**, **kar-zarar** ve **nakit ak\u0131\u015f tablolar\u0131** gibi temel mali verileri detayland\u0131r\u0131lmaktad\u0131r. Raporlarda, T\u00fcrkiye ekonomisindeki **y\u00fcksek enflasyonun etkileri** TMS 29 standartlar\u0131 \u00e7er\u00e7evesinde hesaplamalara dahil edilerek g\u00fcncel sat\u0131n alma g\u00fcc\u00fc yans\u0131t\u0131lm\u0131\u015ft\u0131r. \u015eirketin ortakl\u0131k yap\u0131s\u0131, personel da\u011f\u0131l\u0131m\u0131 ve \u015fubelerinin konumlar\u0131 gibi operasyonel bilgilerin yan\u0131 s\u0131ra **finansal risk y\u00f6netimi** politikalar\u0131na da yer verilmi\u015ftir. Ayr\u0131ca, grubun ba\u011fl\u0131 ortakl\u0131klar\u0131 ve ili\u015fkili taraflarla olan ticari ili\u015fkileri yasal muhasebe ilkeleri do\u011frultusunda \u015feffaf bir \u015fekilde sunulmu\u015ftur. Bu d\u00f6k\u00fcmanlar, i\u015fletmenin ilgili d\u00f6nemdeki **finansal performans\u0131n\u0131** ve genel ekonomik durumunu analiz etmek i\u00e7in kapsaml\u0131 bir veri kayna\u011f\u0131 olu\u015fturmaktad\u0131r.<\/p>\n","protected":false},"author":1,"featured_media":690,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[163],"class_list":["post-684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-dmrgd"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/684","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=684"}],"version-history":[{"count":2,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/684\/revisions"}],"predecessor-version":[{"id":691,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/684\/revisions\/691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/690"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}