Koç Holding A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 04:16 pm
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Koç Holding A.S. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TRY 233,773.06 million compared to TRY 74,654.64 million a year ago. Revenue was TRY 233,773.06 million compared to TRY 74,654.64 million a year ago. Net income was TRY 15,448.77 million compared to TRY 3,198.23 million a year ago. Basic earnings per share from continuing operations was TRY 6.094 compared to TRY 1.261 a year ago.
For the six months, sales was TRY 385,878.11 million compared to TRY 131,959.64 million a year ago. Revenue was TRY 385,878.11 million compared to TRY 131,959.64 million a year ago. Net income was TRY 22,161.88 million compared to TRY 5,311.41 million a year ago. Basic earnings per share from continuing operations was TRY 8.742 compared to TRY 2.094 a year ago.
Koc Holding AS is a Turkey-based holding company, which operates in a number of sectors though its subsidiaries. The Company operates under the following business segments: Energy, Automotive, Consumer Durables, Finance and Other. Its Other segment is engaged in the food, retail, tourism, Information Technology (IT) and ship construction activities. The Energy segment is engaged in the power generation, mining, petroleum shipping, and in the production and trading of petroleum products, natural gas and Liquefied Petroleum Gas (LPG) activities. The Automotive segment is engaged in the production, trading, insurance and car rental activities. The Consumer Durables segment is engaged in the production and sale of a range of consumer durables, such as air conditioners. The Finance segment is engaged in the banking, consumer finance, factoring, leasing, brokerage, portfolio management, financial consulting, real estate and insurance activities.
KOÇ HOLDING 
