GÜBRETAŞ announced its financial results for the third quarter of 2021 on KAP.
The leading company in the plant nutrition industry; In addition to its operations such as supply chain, production, logistics and storage, which it managed uninterruptedly throughout the year, it also reflected the success of its work carried out directly on site with producers in its third quarter performance.

GÜBRETAŞ, a leading company in the plant nutrition sector with its products and services aimed at increasing productivity and quality in agriculture, announced its financial results regarding its third quarter activities on the Public Disclosure Platform (KAP). The success of GÜBRETAŞ's operational activities, which continues its uninterrupted support to producers for sustainable agricultural production, was also positively reflected in its third quarter financial results. The company continued the upward trend it showed in the first half of the year in the third quarter.

Continuing its work with increasing momentum, especially at the point of production, GÜBRETAŞ Turkey produced 625 thousand 70 tons of solid fertilizer and 41 thousand 136 tons of liquid and powder fertilizer in various compositions in the first nine months of the year. There was a 40 percent increase in total production compared to the same period last year. While there was a 7 percent increase in solid fertilizer sales compared to the same period last year, the amount of liquid and powder fertilizer sales increased by 25 percent.

As a result, the total net sales amount of GÜBRETAŞ in Turkey activities was 4 billion 966 million TL, while the consolidated net sales revenue, with the contribution of its subsidiaries, reached 6 billion 216 million TL, an increase of 63 percent compared to the same period of the previous year.

In parallel with the increase in sales, the consolidated net profit for the parent company was 307.8 million TL in the first nine months.

“A 70-YEAR-OLD PIONEERING INSTITUTION THAT PRODUCES ADDED VALUE TO THE COUNTRY'S AGRICULTURE”

GÜBRETAŞ General Manager İbrahim Yumaklı's evaluation on the subject was as follows:

“GÜBRETAŞ is a 70-year-old pioneer institution that produces added value for the country's agriculture in the field of plant nutrition. We are aware that agricultural sustainability is possible with the correct and effective use of plant nutrition products. With this awareness, we have mobilized all our resources against global supply problems in the plant nutrition sector and fluctuations in the markets in order to ensure that our producers do not experience any problems in the supply of fertilizer and to ensure the continuity of agricultural production. "Especially in the first period when the epidemic was seen in our country, it was announced that fertilizer supply would continue, thus preventing a possible panic atmosphere and food crisis."

Summarizing GÜBRETAŞ's sustainability approach, General Manager Yumaklı said: “With the awareness of our company's leading role in the sector, we address the issue of sustainability in every field from end to end. Ensuring sustainability in all our operational processes, from the safety of working environments to the efficiency of our activities and the quality of our products, ensures that fertilizer, the most important input in agricultural production, reaches the producer uninterruptedly within the framework of our quality standards.” he said.

Stating that GÜBRETAŞ handles the sustainability of agricultural production in our country with the same care as the sustainability of its facilities, General Manager Yumaklı said: “Providing product diversity and cost optimization along with the operational activities developed with investment studies is beneficial to the producers on the agricultural production side. Our first priority is to develop projects that will increase efficiency and sustainability in agricultural production and benefit producers. "We encourage producers to use scientific methods and sustainable agricultural practices through many studies such as field prescription activities, producer awareness and soil analysis training, digital consultancy services and the Model Production Areas project." he said.

Touching on the company's place in the sector, General Manager İbrahim Yumaklı said: “With its 70 years of corporate experience, GÜBRETAŞ has positioned itself as an institution that produces benefits for both our country and agricultural producers. Our corporate experience strengthens our ability to easily adapt to new situations and produce strong solutions. We effectively managed the uncertainties and negativities that occurred especially during and after the epidemic period, with our team that closely follows the developments regarding world markets, raw materials and commodity movements. Our predictions were reflected in our performance. “Our work gave positive momentum to our financial statements and pleased our stakeholders.” He finished his words by saying