Tekfen Holding Anonim Sirketi Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 12:34 am
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Tekfen Holding Anonim Sirketi announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TRY 3,630.951 million compared to TRY 2,658.407 million a year ago. Operating income was TRY 167.309 million compared to TRY 100.470 million a year ago. Net income was TRY 317.187 million compared to TRY 98.189 million a year ago. For the half year, sales was TRY 7,421.542 million compared to TRY 5,680.347 million a year ago. Operating income was TRY 473.890 million compared to TRY 68.188 million a year ago. Net income was TRY 729.348 million compared to TRY 145.248 million a year ago.
Tekfen Holding AS (Tekfen) is a Turkey-based holding company active in various sectors, such as construction, agriculture, finance and real estate through its affiliates and subsidiaries. The Company operates five segments: Contracting, Agri-Industry, Real Estate Development, Banking and Investment and Services. Tekfenâs Contracting Groupâs activities include infrastructural and industrial projects in several countries, like Saudi Arabia, Azerbaijan, Georgia, Kazakhstan, Morocco, United Arab Emirates, Qatar, Oman and Bulgaria. Tekfen also engages in the production of chemical fertilizers, seed and seedlings, along with power generation and terminal operations. The Companyâs Real Estate Development Group is primarily involved in the design, construction, renting and marketing of shopping centers, office buildings, flats and hotels.
TEKFEN HOLDING ANONIM SIRKETI 
