Luks Kadife Ticaret ve Sanayi AS. Stock Analysis LUKSK.E.IS

Lüks Kadife Ticaret ve Sanayi AS engages in the manufacture, sale, and export of velvet fabrics. Its products include regular and stretchable velvet for clothing, plain velvet for curtains, plain and printed velvet for upholstery, as well as regular and stretchable corduroy. The firm has a production area that covers approximately 20,000 square meters. The company has an annual production capacity of three million meters, and annual fabric dying capacity of five million meters. Luks Kadife exports its products to the United Kingdom, France, Italy, Belgium, Germany and the United States, and supplies products to international textile, home furnishing and clothing companies, such as IKEA, Next, M&S, Zara, Vakko and Altinyildiz. The main shareholder of the Company is Kucukcalik Tekstil Sanayi ve Ticaret AS, also active in the textiles sector.