Tekfen Holding reports a profit turnaround: what it means for Tekfen Holding stock

Tekfen Holding posted TRY 376.90 million profit in six months, reversing a loss. For Tekfen Holding stock, revenue was TRY 28.34 billion, down 17.52 percent.

Tekfen Holding reported TRY 376.90 million in net profit for the six months ended June 30, 2026, reversing a TRY 3.17 billion loss in the same period a year earlier. The figures were summarized by Quartr on October 1, 2026.

What the profit turnaround means

Revenue for the first half of 2026 fell to TRY 28.34 billion from TRY 34.36 billion in the prior-year period, a decline of 17.52 percent. That contraction makes the return to profitability more important than the headline net-profit figure alone.

Gross profit rose to TRY 3.18 billion from TRY 542 million, while operating profit reached TRY 170.30 million after an operating loss of TRY 2.83 billion in the comparable period. The combination points to a sharp improvement in project economics and cost control, even as group sales remained lower.

Cash and balance sheet remain important

Quartr reported cash and cash equivalents of TRY 6.50 billion at June 30, 2026, down from TRY 9.72 billion at the end of 2025. Total assets stood at TRY 77.65 billion, compared with TRY 85.02 billion at year-end 2025.

The first-half report also put the net working capital deficit at TRY 8.20 billion, improved from TRY 10.69 billion at year-end 2025. For investors, the profit recovery therefore sits alongside a balance-sheet question: whether better operating performance can translate into stronger cash conversion.

TKFEN trades below its yearly high

Tekfen Holding stock was last at TRY 247.30 on Borsa Istanbul on October 2, 2026 at 5:52 p.m. TRT, down 1.87 percent from the prior close of TRY 252.00. The price remains below the 52-week high of TRY 282.00 and above the 52-week low of TRY 67.00.

Altinla identifies Tekfen Holding as listed on Borsa Istanbul under the TKFEN symbol and places the company in the basic materials and agricultural inputs categories. The group also operates across engineering and construction, agriculture, chemicals, services and investments, giving the first-half figures several operating drivers beyond its construction business.

Tekfen Holding stock snapshot

• Company: Tekfen Holding Anonim Sirketi
• Ticker: TKFEN
• Primary exchange: Borsa Istanbul
• Market capitalization: TRY 88.2 billion as of October 2, 2026
• 52-week range: TRY 67.00-282.00 as of October 2, 2026
• Sector / Industry: Industrials / Engineering and Construction