{"id":61523,"date":"2025-03-12T11:40:04","date_gmt":"2025-03-12T08:40:04","guid":{"rendered":"http:\/\/www.textilegence.com\/?p=61523"},"modified":"2025-03-14T11:52:18","modified_gmt":"2025-03-14T08:52:18","slug":"sun-tekstil-increased-net-profit-by-159-percent-in-2024","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/sun-tekstil-increased-net-profit-by-159-percent-in-2024\/","title":{"rendered":"Sun Tekstil increased net profit by 159 percent in 2024"},"content":{"rendered":"\n

Sun Tekstil, one of the leading brands<\/a> in Turkish apparel production and exports, announced its financial results for 2024. In 2024, the consolidated net profit of Sun Tekstil and its subsidiary Ekoten Tekstil reached 904 million TL with an increase of 159%. Evaluating the 2024 financial results, Sun Tekstil Chairperson of The Board Elvan \u00dcnl\u00fct\u00fcrk said, “While leaving behind a year in which geopolitical tensions continued and global uncertainties increased, we completed 2024 by maintaining our strong financial structure despite the challenges.”<\/p>\n\n\n\n

\u00dcnl\u00fct\u00fcrk stated that they continue their investments<\/a> decisively in line with their global growth targets and long-term strategic vision and commented: \u2018Throughout 2024, we will continue to invest in Sun Tekstil:\u00a0<\/p>\n\n\n\n

“During 2024, we sold 39 million clothes as Sun Tekstil and 7 million kg of knitted fabric as Ekoten Tekstil and increased our sales revenues by 15% compared to last year, from 301 million euros to 345 million euros (12 billion TL). As a Group that exports 87% of its consolidated sales abroad, we are proud to be among the top exporters in the Aegean Region Apparel and Garment sector in 2024 at Sun Tekstil.”<\/p>\n\n\n\n

“Sun Tekstil continued to prioritise its operational efficiency and effective cost management despite economic fluctuations, flat exchange rates, increasing inflation rates and rising raw material and labour costs throughout 2024,” said \u00dcnl\u00fct\u00fcrk and shared the figures as follows: “In this way, the gross profit margin was maintained at 21% and a successful strategy was followed against inflation and cost increases. EBITDA reached TL 1.7 billion with an increase of 8% and EBITDA margin was realised as 14%. In addition, Sun Tekstil managed to increase its net cash position by 378% from 103 million TL to 492 million TL in 2024.”<\/p>\n\n\n

\n
\"Sun
Sun Tekstil Chairperson of The Board Elvan \u00dcnl\u00fct\u00fcrk Image Source: Sun Tekstil<\/figcaption><\/figure>\n<\/div>\n\n\n

Sun Tekstil integrates AI technologies into its business model with Refabric investment\u00a0<\/strong><\/h2>\n\n\n\n

Referring to their recent investments, Elvan \u00dcnl\u00fct\u00fcrk noted, “Sun Tekstil’s new production facility in Torbal\u0131 Organised Industrial Zone, which was completed in 2024, came into operation, and Ekoten Tekstil accelerated its preparations for capacity-enhancing building and machinery investments. The 40% increase in total investment expenditures in 2024 compared to the previous year indicates Sun Tekstil’s importance to sustainable growth and expanding its production capacity.”<\/p>\n\n\n\n

Stating that in 2025, Sun Tekstil made an important move towards digital transformation and innovative design processes, \u00dcnl\u00fct\u00fcrk said, “We decided to invest in Refabric, an artificial intelligence-based design platform within the US-based Mintgrams Technologies, Inc. With this investment, we aim to digitalise our design processes and integrate productive artificial intelligence technologies into our business model. We will continue to make a difference in the fashion world by offering faster, creative and sustainable solutions.”\u00a0\u00a0<\/p>\n\n\n\n

In addition, \u00dcnl\u00fct\u00fcrk evaluated Sun Tekstil’s targets; “For 2025, we aim to grow in both euro and Turkish lira, as in previous periods. We can update our targets with the investments and capacity increases we will complete in 2024 and 2025.” Stating that they export approximately 3 million units of products per month; she added that they are working to further increase their exports by serving their customers in nearby markets with a total of five design offices, one in Izmir, two in Spain and two in the UK.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sun Tekstil, one of the leading brands in Turkish apparel production and exports, announced its financial results for 2024. In 2024, the consolidated net profit of Sun Tekstil and its subsidiary Ekoten Tekstil reached 904 million TL with an increase of 159%. Evaluating the 2024 financial results, Sun Tekstil Chairperson of The Board Elvan \u00dcnl\u00fct\u00fcrk […]<\/p>\n","protected":false},"author":26,"featured_media":61519,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9859],"tags":[9887,15770,10369],"class_list":{"0":"post-61523","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-topical","8":"tag-garment-en","9":"tag-sun-tekstil","10":"tag-textile-news-en"},"yoast_head":"\nSun Tekstil increased net profit by 159 percent in 2024 - Textilegence<\/title>\n<meta name=\"description\" content=\"Sun Tekstil, one of the leading brands in Turkish apparel production and exports, announced its financial results for 2024. 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The platform provides news, articles, and updates on various aspects of the textile industry, including sustainability, technological advancements, and market trends.","email":"editor@textilegence.com","telephone":"+90 212 442 24 12","legalName":"Textilegence Mag and Digital Platform","foundingDate":"2013-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1","maxValue":"10"}},{"@type":"Person","@id":"https:\/\/www.textilegence.com\/en\/#\/schema\/person\/cfa6baf17f0478131c673c93a9b88ef3","name":"Ya\u011fmur Melis \u015eim\u015fek","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2022\/03\/Yagmur_photo1.jpg","url":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2022\/03\/Yagmur_photo1.jpg","contentUrl":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2022\/03\/Yagmur_photo1.jpg","caption":"Ya\u011fmur Melis \u015eim\u015fek"},"description":"Ya\u011fmur Melis \u015eim\u015fek, Saint-Beno\u00eet Frans\u0131z Lisesi\u2019nde e\u011fitim g\u00f6rm\u00fc\u015f, ard\u0131ndan Anadolu \u00dcniversitesi\u2019nde iki y\u0131ll\u0131k Foto\u011fraf\u00e7\u0131l\u0131k B\u00f6l\u00fcm\u00fc\u2019n\u00fc tamamlam\u0131\u015ft\u0131r. Daha sonra lisans e\u011fitimini \u0130stanbul \u00dcniversitesi Gazetecilik B\u00f6l\u00fcm\u00fc\u2019nde s\u00fcrd\u00fcrm\u00fc\u015f, mezuniyetin ard\u0131ndan ise 2017 y\u0131l\u0131nda i\u015f hayat\u0131na at\u0131lm\u0131\u015ft\u0131r. Pek \u00e7ok farkl\u0131 projede, foto\u011fraf\u00e7\u0131l\u0131k ve grafik tasar\u0131mc\u0131l\u0131\u011f\u0131n yan\u0131 s\u0131ra teknoloji alan\u0131nda i\u00e7erik ve haber yazarl\u0131\u011f\u0131 gibi \u00e7e\u015fitli pozisyonlarda yer alan \u015eim\u015fek, 2021 y\u0131l\u0131ndan bu yana Textilegence\u2019da d\u0131\u015f haberlerde yard\u0131mc\u0131 edit\u00f6r olarak g\u00f6rev yapmaktad\u0131r.","sameAs":["https:\/\/www.textilegence.com\/","https:\/\/www.facebook.com\/TextilegenceMagazine","https:\/\/www.instagram.com\/textilegence\/","https:\/\/www.linkedin.com\/company\/2985016","https:\/\/x.com\/https:\/\/twitter.com\/textilegence","https:\/\/www.youtube.com\/channel\/UCgtcny5ljhiXu-yvOiAlpRA"],"url":"https:\/\/www.textilegence.com\/en\/author\/yms\/"}]}},"_links":{"self":[{"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/posts\/61523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/comments?post=61523"}],"version-history":[{"count":0,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/posts\/61523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/media\/61519"}],"wp:attachment":[{"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/media?parent=61523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/categories?post=61523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.textilegence.com\/en\/wp-json\/wp\/v2\/tags?post=61523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}