Ahlatci Dogal Gaz stock: Nine-month net profit rises 66%

Ahlatci Dogal Gaz Dagitim Enerji reported stronger results for the first nine months of 2026, according to Para Ajansi. The report, published Friday, November 6, said net profit for the first three quarters reached TRY 5.524 billion, compared with TRY 3.328 billion in the same period of 2025.

Revenue and EBITDA advance

Revenue rose 19 percent year over year to TRY 41.055 billion. Gross profit increased 70 percent to TRY 14.719 billion, while EBITDA advanced 68 percent to TRY 13.223 billion.

The figures were attributed to Matriks data and the company's financial statements. For investors, the earnings update puts the focus on the performance of the regulated natural gas distribution business and on how operating growth translates into shareholder returns.

Balance sheet supports expansion

The report listed current assets of TRY 158.170 billion, non-current assets of TRY 128.891 billion and parent-company equity of TRY 63.074 billion. Net debt was reported at negative TRY 33.413 billion, indicating a net cash position at the end of the reporting period.

Natural gas distribution in Turkey

Ahlatci Dogal Gaz Dagitim Enerji operates in Turkey's natural gas distribution market. Its parent, Ahlatci Holding, says its energy activities focus on natural gas distribution and account for a 20 percent share of that market, while the group operates across several sectors. The company is therefore positioned as a regional regulated-distribution operator rather than a diversified global energy major.

Ahlatci Dogal Gaz at a Glance

• Company: Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim
• ISIN: TREAHLA00019
• Ticker: AHGAZ
• Exchange: Borsa Istanbul
• Reporting period: First nine months of 2026
• Net profit: TRY 5.524 billion
• Revenue: TRY 41.055 billion
• EBITDA: TRY 13.223 billion

Broader market developments are covered in Current market reports.

More news and analyses on Ahlatci Dogal Gaz stock.