Tekfen Holding

Financials & Operational Highlights

01.01.2023 - 30.06.2023

Tekfen Group

At a glance

1956 Feyyaz Berker, Nihat

1970

Foundation of Tekfen

1981

Toros Fertilizer starts

2000

Tekfen Real Estate

2007 Partnership with

2012 Sale of Eurobank Tekfen

Gökyiğit and Necati Akçağlılar

Manufacturing

production

Development Group

Eurobank EFG in Tekfenbank

formed an engineering

2018 Acquisition of Alanar &

consulting company

1971

Foundation of Tekfen

1984

Foundation of Tekfen

2001

Acquisition of Bank

/ Acquisition of EFG Istanbul

Alara

Holding

Engineering

Ekspres

Securities

1957 The three partners

2019 Acquisition of 10% share

establish Tekfen Construction

1975

Iraq-Turkey pipeline

1989

Foundation of Tekfenbank

2003

Tekfen Tower opens

/ IPO of Tekfen Holding

of SOCAR Polimer

Ltd.

1978

Tekfen Construction goes

/ Acquisition of Akgübre fertilizer

2005

Acquisition of Samsun

/ Acquisition of Gonen

1963 Tekfen Industry and

overseas

Gübre fertilizer plant

Renewable Energy

Trading Co., Inc. is founded to

1992

Tekfen Philarmonics

produce incandescent lamps.

2006

Completion of BTC crude

2020 RUSFEN established

oil pipeline

Tekfen Group

Engineering

& Contracting

Agricultural

Industry

Investment

www.tekfen.com.tr

Tekfen Holding

O P E R A T I O N A L S E G M E N T S

Engineering & Contracting

Main Operations:

  • Construction
  • Engineering
  • Fabrication
  • Real Estate Development

Main Companies:

  • Tekfen Construction
  • Tekfen Engineering
  • Tekfen Manufacturing & Engineering
  • GATE Construction

Agricultural Industry

Main Operations:

  • Fertilizer production and distribution
  • Terminal services
  • Free zone operations
  • Seed, sapling and seedling production and distribution
  • Agricultural production and trade

Main Companies:

  • Toros Agricultural Industry & Trade
  • CFS Petrochemicals
  • Gonen Energy
  • Agroport
  • TAYSEB
  • Toros Shipping
  • Tekfen Agriculture & Trade
  • Alanar Fruit & Alanar Sapling

Investment

Main Operations:

  • Venture Capital
  • Petrochemical
  • Real Estate Investment
  • Rental Activities
  • Insurance

Main Companies:

  • Tekfen Ventures
  • Tekfen Holding
  • Tekfen Real Estate Investment
  • Socar Polymer
  • Berlin Light
  • Cording Dortmund
  • Tekfen Insurance
  • Tekfen Tourism

3

Consolidated Financials

Financials by Segments

Operational Breakdown of Segments

Guidance

4

Tekfen Holding

C O N S O L I D A T E D F I N A N C I A L S

2Q23

(in TRY mn)

2Q22

2Q23

2Q22

2Q23

8.811

18,7%

7.699

15,0%

14,8%

15,2%

12,6%

9,9%

9,2%

3,8%

5,2%

1.4431.319

765

1.137 808

1.171

967

459

335

-361

-4,1%

Revenues

Gross Profit

Operating

EBITDA

EBT

Net Profit

Profit

Gross Margin

Operating Margin EBITDA Margin

EBT Margin

Net Margin

1H23

(in TRY mn)

1H22

1H23

1H22

1H23

18.065

13,4%

12.995

11,7%

9,7%

10,3%

8,2%

5,9%

4,5%

1.7442.105

587

1.2641.057

1.337

301

1.066

1,7%

86

0,5%

-499

Revenues

Gross Profit

Operating

EBITDA

EBT

Net Profit

-2,8%

Profit

Gross Margin Operating Margin EBITDA Margin

EBT Margin

Net Margin

5

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Disclaimer

Tekfen Holding AS published this content on 09 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2023 18:28:05 UTC.