Page 26 - TURKRptNov21

4.3 Corporate profits dynamics
Otokar (OTKAR), Koc Holding’s (KCHOL) bus and defence vehicles unit, reported net income up by 61% y/y to TRY516mn (€47mn) for January-September.
Cemtas (CEMTS) reported that its net profit rose to TRY169mn ($18mn) in January-September from TRY90mn a year ago.
Major Borsa Istanbul Companies Q3 2021 Financials
TRYmn Sector Market Value Sales (9mn) y/y Profit (9m) y/y Profit (Q3) y/y P/B
QNBFB QNB Finansbank Bank 117,384 2,366 29% 956 69% 5.4
EREGL Eregli / Erdemir Steel 69,195 43,060 96% 10,804 645% 5,003 760% 1.3
FROTO Ford Otosan Automotive 66,041 45,658 60% 4,711 108% 1,892 39% 7.3
GARAN Garanti BBBVA Bank 40,152 9,098 77% 3,645 92% 0.6
ISDMR Isdemir Steel 39,295 25,008 116% 6,121 472% 3,005 659% 1.4
ASELS Aselsan Arm 37,574 10,292 22% 3,141 5% 603 -47% 1.8
AKBNK Akbank Bank 30,056 7,343 66% 3,211 111% 0.4
TOASO Tofas Automotive 29,250 19,606 37% 2,064 80% 581 14% 5.9
SISE Sisecam Glass 26,895 21,013 44% 4,096 194% 1,353 56% 1.0
ARCLK Arcelik White goods 22,596 45,666 66% 2,275 35% 651 -36% 1.5
VESBE Vestel Beyaz White goods 9,856 11,268 86% 1,105 56% 278 -23% 2.7
TAVHL TAV Airports Airport 9,634 3,443 99% 853 - 632 - 0.9
TTRAK Turk Traktor Tractor 9,073 8,043 112% 830 130% 222 11% 6.3
ZRGYO Ziraat REIT Real estate 8,542 138 67% 137 136% 66 165% 1.2
OTKAR Otokar Automotive 8,191 2,675 53% 516 61% 120 -19% 7.5
QNBFL QNB Leasing Leasing 7,573 585 35% 128 20% 46 36% 6.5
TURSG Turkiye Sigorta Insurance 5,935 970 -9% 784 -18% 150 -48% 1.5
TKFEN Tekfen Holding Conglomerate 5,617 11,020 32% 1,193 813% 463 - 0.8
PRKAB Turk Prysmian Cable 5,033 2,049 67% 21 -36% 3 -76% 12.1
CANTE Can2 Thermal Electricity 4,656 826 60% -122 - 55 - 5.0
ICBCT ICBC Turkey Bank 4,644 600 48% 160 130% 16 - 3.2
LOGO Logo Software Software 4,326 486 44% 168 103% 49 55%
6.6
ANHYT Anadolu Hayat Insurance 3,990 393 0% 421 9% 169 25% 2.5
AGESA AGESA Hayat Insurance 3,550 239 343 49% 118 12% 4.4
ALCAR Alarko Carrier Air conditioner 3,333 805 46% 32 -29% 4 -84% 7.3
ANSGR Anadolu Sigorta Insurance 3,020 546 -6% 340 -11% 28 -72% 1.0
GOODY Good-Year Tyre 2,306 3,283 50% 234 140% 56 -44% 2.0
AKGRT Aksigorta Insurance 2,157 368 -34% 231 -33% 62 -28% 2.1
ISFIN Isleasing Leasing 2,121 1,048 188% 251 167% 137 65% 1.2
TIRE Mondi Tire Paper 1,840 1,678 102% 204 617% 73 596% 3.6
BOSSA Bossa Textile 1,720 873 97% 154 - 75 - 4.1
ASUZU Anadolu Isuzu Automotive 1,667 1,485 114% 40 - 18 - 2.7
KLKIM Kalekim Chemicals 1,639 546 51% 96 123% 44 74% 3.1
FMIZP F-M İzmit Piston Automotive 1,620 130 174% 33 64% 8 7% 26.9
26 TURKEY Country Report November 2021 www.intellinews.com