Aksa Akrilik stock: Q3 profit falls 88% as sales rise

Published on 11/09/2026 at 00:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Aksa Akrilik stock faces a mixed quarterly picture after stronger sales but sharply lower earnings. Management outlined operating targets for the full year.

Mixed third-quarter picture

Sales increased in the first nine months, while net profit and operating profit declined.
Aksa retained targets for revenue, capacity utilization, investment spending and margin performance.
Dollar-based EBITDA margin improved despite the drop in net profit margin.

Aksa Akrilik stock, Aksa Akrilik, Q3 2026 results, net profit, Borsa Istanbul, Illustration mit AI erstellt.

Aksa Akrilik Kimya Sanayii A.S. reported a sharp decline in third-quarter earnings on November 4, according to Foreks. The company generated TRY 367.4 million in attributable net profit in the third quarter, compared with TRY 3.05 billion a year earlier.

Sales growth meets weaker profitability

Revenue rose 11 percent year over year to TRY 11.69 billion in the quarter. Gross profit increased from TRY 993.2 million to TRY 1.24 billion, but operating profit dropped from TRY 2.36 billion to TRY 363.8 million.

For the first nine months, revenue climbed 17 percent to TRY 35.60 billion. Attributable net profit fell 24 percent to TRY 2.53 billion, while operating profit declined 52 percent to TRY 1.88 billion. The figures point to stronger sales without a corresponding improvement in bottom-line performance.

Full-year targets remain in focus

Aksa's 2026 outlook includes revenue of about USD 1 billion and capacity utilization of 85 percent. The company also expects capital expenditure of USD 65 million, with a possible deviation of USD 10 million in either direction, and a margin target between 15 percent and 18 percent.

Dollar-based nine-month sales increased from USD 667.1 million to USD 781.2 million, while EBITDA rose from USD 92.4 million to USD 132.7 million. EBITDA margin improved from 13.9 percent to 17 percent, whereas net profit margin declined from 10.9 percent to 6.9 percent. Net debt to EBITDA fell from 3.66 to 2.84.

Aksa Akrilik at a glance

Company: Aksa Akrilik Kimya Sanayii A.S.
Ticker: AKSA.IS
Exchange: Borsa Istanbul
Sector: Industrials
Business: Textile, chemical and industrial products, with fiber, energy and other activities
Headquarters: Yalova, Turkey

For the wider Turkish equity market, investors can follow the BIST 100 environment alongside company-specific earnings developments.