Sonmez Filament Synthetic Yarns

Sönmez Filament Sentetik Iplik ve Elyaf Sanayi A.S. is a Bursa-based company belonging to Sonmez Holding. Its shares trade on Borsa Istanbul under the ticker SONME; although its name refers to synthetic yarn, the company's current business structure differs from its original purpose.

The company was founded in 1972 with many shareholders to produce polyester yarn and fiber starting from polymer, and it was the group's first company. Due to adverse conditions in domestic and international markets, production was halted in the summer of 2008, and in November of the same year production activities were ended completely and permanently. According to the company's statement, its indoor space has since been put to use through leasing. With the aim of moving into areas outside textiles, it acquired a stake in Sonmez Cimento Yapi ve Madencilik A.S. in 2011. The company states that it has no plans for closure or liquidation.

For those assessing SONME shares, the continuity of rental income, demand for industrial real estate in Bursa and the activities of the cement affiliate are the key topics. The Lzzo.com page includes the stock's latest price, daily statistics, a long-term price chart and technical indicators; with the market map link, you can also follow the stock within the overall market picture.