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Trabzon Liman Isletmeciligi AS

Trabzon Liman Isletmeciligi AS

BBIST:TLMAN
52.60
TRY
-1.30
(-2.41%)
-2.68EPS
1.89BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
2
2.39
2.42
3.48
3.91
2.86
3.88
4.44
19.68
30.37
28.17
28.71
Basic EPS, GAAP
1.06
1.02
0.97
1.51
1.81
2.48
2.79
2.94
10.13
10.95
5.58
-2.68
Free Cash Flow per Basic Share
- -
- -
- -
-0.09
4.57
1.74
0.83
-0.11
-10.56
-16.13
1.42
-0.09
Dividend per Share
- -
- -
- -
0.92
1.33
1.67
0.62
0.98
3.06
- -
- -
- -
Book Value per Share
2.42
2.52
2.54
3.12
3.6
4.4
6.57
6.64
31.05
55.47
60.79
65.25
Tangible Book Value per Share
1.7
1.84
1.88
2.47
3.02
3.86
6.08
6.19
26.72
49.79
55.69
59.79
Basic Weighted Avg Shares
21
21
21
21
21
21
21
21
21
21
21
21
Sales/Revenue/Turnover
42
50
51
73
82
60
81
93
413
638
592
603
Operating Margin (%)
54.39
50.47
40.56
49.13
57.17
42.33
50.5
49.52
48.41
35.56
19.03
14.58
Depreciation Expense
- -
- -
- -
7
7
8
7
7
39
71
96
104
Net Income, GAAP
22
21
20
32
38
52
59
62
213
230
117
-56
Effective Tax Rate (%)
18.26
21.35
11.97
19.28
20.71
16.57
21.52
22.17
21.8
- -
32.76
- -
Profit Margin (%)
53.16
42.79
39.9
43.46
46.32
86.6
71.96
66.06
51.48
36.07
19.82
-9.32
Working Capital
10
1
-4
45
47
61
117
116
257
609
374
438
LT Debt
- -
- -
- -
12
5
2
- -
- -
- -
145
113
125
Total Equity
51
53
53
66
76
92
138
140
652
1,165
1,277
1,370
Return on Invested Capital (%)
- -
30.93
27.43
34.9
36.7
19.11
22.35
23.13
36.89
- -
5.46
- -
Return on Capital (%)
- -
38.26
34.47
44.99
45.79
57.1
49.25
44.14
53.79
- -
9.18
- -
Return on Common Equity (%)
- -
41.34
38.2
53.45
53.87
61.96
50.93
44.43
53.74
25.32
9.6
-4.84

Capital Structure

TRY

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
30
- -
- -
LT Borrowings
102
113
125
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
21
21
Market Capitalization
1,991
1,992
1,889

Working Capital

TRY

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
450
490
540
Cash, Cash Equivalents & STI
323
331
359
Accounts Receivable, Net
31
39
54
Inventories
2
3
2
Total Current Liabilities
140
116
102
Payables & Accruals
- -
- -
- -
ST Debt
30
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
57.13%
101.22%
9.59%
Free Cash Flow
- -
1,891.7%
-108.8%
Net Income, GAAP
32.57%
44.4%
-49.05%
Sales/Revenue/Turnover
49.01%
88.02%
-7.26%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
113
115
159
213
638
2024
168
130
140
167
592
2025
167
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.13
3.28
0.8
-0.81
10.95
2024
2.15
0.91
-4.7
1.86
5.58
2025
-0.74
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Emin Bilgin
Sector
Transportation
Industry
Marine shipping
Address
Trabzon Turkey
IPO Date
Jan 24, 2018
Website
trabzonport.com.tr
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Business
Trabzon Liman Isletmeciligi AS is a Turkey-based port management and maritime logistics company that operates the Port of Trabzon, serving as a primary commercial maritime gateway in the Eastern Black Sea region. Founded in 2003 under the Albayrak Group and headquartered in Trabzon, Turkey, the company manages integrated port handling, storage, and vessel support operations. The company's core service offerings include dry bulk cargo handling and stevedoring for commodities such as coal, clinker, cement, ores, and agricultural grains; general cargo services covering iron, steel, marble, timber, and heavy project freight; container terminal operations encompassing container loading, discharging, container freight station services, stuffing, unstuffing, and refrigerated container maintenance; roll-on/roll-off vessel handling for wheeled transport and vehicle transit; logistics and storage solutions providing open storage yards, customs-bonded and non-bonded indoor warehouses, and high-capacity grain silos; marine support and auxiliary services comprising pilotage, towage, tugboat assistance, mooring, fresh water provisioning, and MARPOL-compliant ship waste reception; and passenger terminal services supporting international cruise liners and ferry transport. The company serves regional industrial exporters, international trading houses, maritime shipping lines, and logistics operators, acting as a strategic multimodal transit hub connecting Black Sea shipping routes to Eastern Anatolia, the Caucasus, Central Asia, and Iran. In recent developments, the company secured a long-term concession extension with the Turkish Maritime Organization, extending its operating rights for the Port of Trabzon through 2052. In addition, the company has advanced its infrastructure modernization strategy by investing in high-tonnage mobile harbor cranes, expanding container yard capacity, deploying digital terminal operating systems to optimize turnaround times, and upgrading port waste management and environmental monitoring infrastructure to support growing regional transit traffic.