Tureks Turunc Madencilik Ic ve Dis Ticaret A.S.
BBIST:MARBL7.38
TRY
-0.34
(-4.40%)
Tureks Turunc Madencilik Ic ve Dis Ticaret A.S.
BIST:MARBL
(Istanbul Exchange)
Recent
price
7.38
P/E
ratio
2,364.30
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. is a Turkey-based natural stone and architectural surface materials company engaged in the quarrying, processing, manufacturing, and global distribution of marble, travertine, limestone, onyx, and specialized hard surfacing products. Founded in 1982 and headquartered in Afyonkarahisar, Turkey, the company operates vertically integrated mining and manufacturing infrastructure, supplying premium surfacing solutions to commercial, residential, and architectural clients across more than 50 countries globally. The company manufactures and markets a diverse product portfolio, categorized into natural stone tiles, dimensional blocks, and slabs; decorative mosaics, medallions, and waterjet patterns; architectural moldings, trims, and dimensional profiles; engineered stone, terracotta, porcelain, and ceramic tile collections; and custom-engineered cut-to-size stonework tailored for luxury hospitality, civic, and residential developments. These products are commercialized under core brand names including Marble Systems, Country Floors, Stone Tile Depot, and Mermer Outlet. The company operates international subsidiaries and logistics platforms including Marble Systems Inc., which manages an extensive North American distribution network with major warehouses and showrooms across Virginia, New Jersey, Florida, and California, alongside overseas and domestic subsidiaries such as Marble Systems Tureks S.R.L. and Turbas Mermer Madencilik. In recent corporate developments, following its initial public offering on Borsa Istanbul in late 2023 under the ticker symbol MARBL, the company deployed capital proceeds toward strategic sustainability and operational modernization initiatives. Significant operational developments include the completion and commissioning of integrated rooftop and ground-mounted solar photovoltaic power plant projects with a combined capacity of over 6.7 MWp across its Afyonkarahisar production plant and Dinar facility in 2024, enabling the company to fully meet its operational electricity requirements, reduce unit production costs, and advance automated processing capabilities across its manufacturing lines and quarry operations.