Yonga Mobilya SANAYI ve TICARET AS
BBIST:YONGA26.94
TRY
-2.14
(-7.36%)
ISIN
TREYONG00018
Return %
Stock
S&P 500
1Y
-58.20
14.20
3Y
-44.48
81.12
5Y
41.42
68.34
Capital Structure
TRY
•
in mil. unless spec.Working Capital
TRY
•
in mil. unless spec.Growth Rates
TRY
•
in mil. unless spec.Semi-annual Revenue
TRY
•
in mil. unless spec.Semi-annual Earnings Per Share
TRY
•
in mil. unless spec.Semi-annual Dividends Per Share
TRY
•
in mil. unless spec.Company Description
- CEO
- Gokhan Sertdemir
- Full Time Employees
- 201
- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- Denizli Turkey
- IPO Date
- Jul 19, 2012
- Website
- yongamobilya.com
- Similar Companies
- Business
- Yonga Mobilya Sanayi ve Ticaret A.S. is a Turkey-based furniture manufacturing company specializing in the design, industrial production, marketing, and distribution of solid wood and natural timber residential furniture. Founded in 1974 and headquartered in Denizli, Turkey, the company operates a specialized manufacturing facility covering approximately 22,000 square meters of enclosed area with an annual production capacity of around 90,000 units. Yonga Mobilya operates primarily within the forest products and furniture manufacturing industry, serving both global commercial retailers through original equipment manufacturing (OEM) contracts and retail consumers through proprietary distribution networks. The company offers a comprehensive portfolio of natural solid wood and veneered home furniture products, systematically structured into: bedroom furniture, including solid wood bed frames, headboards, wardrobes, chests of drawers, dressers, and bedside tables; dining room furniture, including solid timber dining tables, wooden chairs, benches, sideboards, and display cabinets; living room and lounge collections, including coffee tables, side tables, console tables, television stands, and media storage units; home office and study furniture, including work desks, modular bookcases, and shelving systems; and custom architectural wooden casework for residential and commercial spaces. Alongside contract manufacturing for multinational department stores and furniture retail chains such as Marks & Spencer, the company markets products under its proprietary direct-to-consumer brand, So-mass. Wholesale trade, import, and export logistics are supported by its wholly owned subsidiary, YM Ithalat Ihracat Ticaret Ltd. Sti. Geographically, Yonga Mobilya serves the domestic Turkish market and exports extensively to international markets, including the United Kingdom, Denmark, the United States, Australia, and Spain. In recent strategic and operational developments, Yonga Mobilya has accelerated a commercial transition toward omnichannel and direct-to-consumer retailing to diversify revenue streams following restructuring among key European retail partners. The company launched and scaled its proprietary brand, So-mass, deploying direct e-commerce sales channels alongside an on-site factory retail store in Denizli, with online commerce expanding to contribute approximately 15 percent of total company revenues. On the operational and sustainability front, Yonga Mobilya operates a 1,133 kWp rooftop solar photovoltaic power plant at its Denizli manufacturing facility to offset rising industrial energy expenses and has advanced structural reinforcement projects at its manufacturing premises to facilitate future solar capacity expansion. Furthermore, the company has prioritized cost-optimization measures, lean manufacturing processes, and selective international exhibition participation to strengthen its export pipeline while maintaining an equity capital base of TRY 16.8 million on Borsa Istanbul.