Ziraat GYO stock reports strong sales growth in first half 2026

Published on 10/05/2026 at 11:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ziraat GYO stock was last quoted at TRY 19.15 on October 2, while first-half sales reached TRY 2.2 billion. Net profit was TRY 939.3 million.

Ziraat GYO, TREZRGY00023, Illustration mit AI erstellt.

Ziraat GYO (ISIN TREZRGY00023) was last quoted at TRY 19.15 on Borsa Istanbul on October 2, 2026, while its first-half 2026 results showed TRY 2.2 billion in net sales and TRY 939.3 million in net profit. The figures put revenue growth beside a sharp decline in earnings, giving the stock a mixed operating backdrop as investors assess the company's property portfolio.

Sales rose 44 percent

According to Hissecim, Ziraat GYO's first-half 2026 sales reached TRY 2.2 billion, compared with TRY 1.5 billion in first-half 2025. That represents a 44 percent increase and makes sales expansion the clearest positive figure in the latest reported period.

The same financial comparison shows first-half 2026 gross profit of TRY 1.5 billion, up 17 percent from TRY 1.3 billion, while operating profit reached TRY 1.3 billion, up 16 percent from TRY 1.1 billion. EBITDA was TRY 1.3 billion, an 11 percent increase from TRY 1.1 billion in the comparable period, according to Hissecim.

Profit fell despite growth

Net profit tells a different story. Ziraat GYO reported TRY 939.3 million for the first half of 2026, down 66 percent from TRY 2.8 billion in first-half 2025, according to Hissecim. The contrast between 44 percent sales growth and the 66 percent profit decline makes earnings quality more important than top-line expansion alone.

The company also published a valuation report for its Adana Seyhan project dated September 22, 2026. Dunya reported the project valuation disclosure on September 24, 2026, adding a portfolio development angle to the half-year earnings picture.

Stock stays below yearly high

Ziraat GYO's market capitalization stood at TRY 89.9 billion, while the stock's 52-week range was TRY 14.70 to TRY 25.73 as of October 2, 2026. The TRY 19.15 price therefore sat TRY 6.58 below the yearly high and TRY 4.45 above the yearly low, leaving the shares closer to the middle of the observed range than to either extreme.

Stock value and investor view

The combination of TRY 2.2 billion in sales, TRY 939.3 million in profit and a TRY 89.9 billion market capitalization gives investors three distinct measures for assessing Ziraat GYO. Revenue and operating profit increased in the first half, but the lower net profit requires attention to the factors separating operating performance from bottom-line results.