Page 24 - TURKRptSep21

the situation produced the largest default in Turkish history and the biggest M&A deal in 2018.
Nasdaq-listed Turkish e-commerce retailer Hepsiburada fell to a 2Q EBITDA loss of TRY189mn ($23mn) from a profit of TRY71mn a year ago.
Istanbul-listed Steelmakers Q2 2021 Financials
Profit Profit Profit Profit Price-to- Market Value Net Sales y/y H1-2021 H1-2020 y/y Q2-2021 Q2-2020 y/y Book
EREGL Eregli 68,985 24,798
80% 101% 96% 89% 219% 6% 106% 12% 116% 61%
5,801 868
568% 363% - 126% 953% -17% - 201% -
-
3,183 568
461% 345% - 127% 1668% -80% - 222% -
-
1.5 1.44 1.75 2.07 3.71 7.26 2.58 2.04 5.46 28.69
ISDMR Iskenderun 36,105 14,507
3,116 673
2,060 463
KRDMD Kardemir 8,838 6,372
1,421 -268
919 -106
CEMTS Cemtas 1,374 605
92 41
57 25
YKSLN Yukselen 705 240
32 3
18 1
OZBAL Ozbal 571 66
56
14
DMSAS Demisas 386 298
17 -9
11 -7
BMSCH BMS 295 137
41
41
CELHA Celik Halat 269 292
0 -12
3 -8
BURVA Burcelik 166 6
-1 -1
-1 0
Borsa Istanbul-listed banks Q2 financials
Market Profit Profit Profit Profit Price-to- Price-to- TRYmn Value (H1-2021) (H1-2020) y/y (Q2-2021) (Q2-2020) y/y Earnings Book
QNBFB QNB Finansbank 130,650 1,410 1,272 11% 713.23 505.95 41% 49.77 6.31
GARAN Garanti BBVA 39,018 5,453 3,231 69% 2,924.48 1,600.01 83% 4.61 0.58
KLNMA Development Bank 31,200 409 191 114% 210.87 100.29 110% 43.33 7.84
AKBNK Akbank 28,964 4,132 2,896 43% 2,104.87 1,586.25 33% 3.86 0.43
ISCTR Isbank 24,930 4,049 3,035 33% 2,195.46 1,579.01 39% 3.19 0.35
YKBNK Yapi Kredi Bank 21,456 3,685 2,461 50% 2,232.64 1,331.33 68% 3.4 0.41
VAKBN Vakifbank 13,865 1,410 3,241 -56% 660.34 1,525.22 -57% 4.36 0.29
HALKB Halkbank 12,047 123 1,775 -93% 63.94 950.08 -93% 12.71 0.29
ICBCT ICBC Turkey 4,429 145 89 63% 63.93 -3.79 - 38.83 3.06
TSKB TSKB 3,668 479 322 49%
252.85 168.29 50% 4.12 0.57
ALBRK Albaraka Turk 2,025 13 63 -79% -42.28 50.85 - 9.88 0.5
Listed Koc companies Q2 2021 financials
TRYmn Market Value Sales/H1 y/y Profit/H1-21 Profit/H1-20 y/y Profit/Q2-21 Profit/Q2-20 y/y P/B
KCHOL Koc Holding 57,768 131,960 78% 5,311 4,431 20% 3,198 961 233% 1.13
FROTO Ford Otosan 59,971 26,787 77% 2,819 909 210% 999 280 257% 8.60
TOASO Tofas 20,340 14,011 87% 1,484 635 134% 867 288 201% 4.76
TTRAK Turk Traktor 9,228 5,576 156% 608 161 279% 260 77 240% 7.60
OTKAR Otokar 8,136 1,860 64% 397 172 130% 289 150 93% 8.47
TUPRS Tupras 25,142 53,509 104% 939 -2,450 - 1,700 -185 - 2.05
AYGAZ Aygaz 4,251 5,402 30% 184 -186 - 196 41 382% 1.91
ARCLK Arcelik 22,272 27,518 76% 1,623 662 145% 531 407 30% 1.46
YKBNK Yapi Kredi Bank 21,456 - - 3,685 2,461 50% 2,233 1,331 68% 0.41
24 TURKEY Country Report September 2021 www.intellinews.com