Menderes Tekstil stock falls as first-half revenue shrinks

Menderes Tekstil stock slips on September 24, 2026 as volume reaches 26,422,734. First-half revenue was TRY 4.268 billion, down 16.70 percent year over year.

Menderes Tekstil stock fell 2.50 percent to TRY 9.76 on Borsa Istanbul on September 24, 2026, while trading volume reached 26,422,734 shares. The move came as the company’s first-half accounts showed lower revenue and a sharp deterioration in gross profitability.

Revenue falls in first half

For the period from January 1 through June 30, 2026, Menderes Tekstil reported revenue of TRY 4.268 billion, down 16.70 percent from TRY 5.124 billion in the comparable 2025 period. The reporting period and company filing were carried by Yeni Safak on August 18, 2026.

The revenue decline was accompanied by a shift from a TRY 256.670 million gross profit in the prior-year period to a TRY 222.573 million gross loss in the first half of 2026. That comparison puts pressure on the company’s core production economics, even before financing and tax effects are considered.

Operations remain under pressure

An analysis published by Etrefinans on August 27, 2026, put the first-half operating loss at TRY 490.357 million, compared with operating profit of TRY 1.848 million a year earlier. The contrast is larger than the revenue change and indicates that cost pressure was the central earnings issue.

Menderes Tekstil still posted consolidated net income of TRY 32.726 million for the first half, versus a net loss of TRY 157.249 million in the comparable period. The same analysis attributed the positive bottom line to financial income, monetary-position gains and deferred tax effects rather than to operating profit.

Stock trades below recent levels

The September 24 market snapshot gives the stock a clear trading reference: TRY 9.76 on Borsa Istanbul, with a daily decline of 2.50 percent and volume of 26,422,734 shares. For investors, the key distinction is between the positive reported net result and the TRY 490.357 million operating loss, because the two figures describe different parts of the business.

TRY 9.76 marks the session

Menderes Tekstil stock stood at TRY 9.76 on Borsa Istanbul on September 24, 2026. The daily change was minus 2.50 percent, with 26,422,734 shares traded.

Menderes Tekstil at a glance

• Company: Menderes Tekstil Sanayi ve Ticaret A.S.
• Ticker: MNDRS
• Trading venue: Borsa Istanbul
• Price as of September 24, 2026: TRY 9.76
• Daily change: minus 2.50 percent
• Sector / Industry: Textiles, clothing and leather