Thursday, July 6, 2017

The 11 Turkish Companies With Market Caps of At Least Turkish Lira (TL) 20 Bil and Reporting in TLs Had Their Total Net Profits Break Away Upwardly in 2016, Up 22% Over 2015

From a review of the fine Google Finance Website and company investor relations websites, I found 13 Companies headquartered in Turkey which had Stock Market Capitalizations now of at least Turkish Lira (TL) 20 Bil.  The TL is now the equivalent of US$ 0.28094.

Eleven of these thirteen Turkish Companies reported in TL for the most recent five years, and the other two reported in US$s.   
 
Below here are the reported Net Profits (Losses) first for each of these 11 Companies reporting in TL for all years from 2012 through 2016, and then followed by the 2 Companies reporting in US$s:








Most 2016 2015 2014 2013 2012
Recent Net Net Net Net Net
Largest Turkish Companies 2016 Profit Profit Profit Profit Profit
Market Caps Turkish Lira (TL) 20 Bil+ FYE (Loss) (Loss) (Loss) (Loss) (Loss)

mils TLs mils TLs mils TLs mils TLs mils TLs
Reporting in TLs





Turkiye Is Bankasi AS Dec         5,683         3,740         4,020         3,607         3,715
Haci Omer Sabanci Holding AS Dec         5,556         4,326         4,351         3,845         3,784
Koc Holding AS Dec         5,276         5,829         4,214         4,000         4,102
Turkiye Garanti Bankasi AS Dec         5,052         3,807         3,846         3,529         3,393
Akbank TAS Dec         4,529         2,995         3,160         2,942         2,950
Yapi ve Kredi Bankasi AS Dec         2,933         1,909         2,056         2,333         2,098
Turkcell Iletisim Hizmetleri AS Dec         1,586         1,536         1,234         2,031         1,802
Eregli demir ve Sanayi ve Ticaret AS Dec         1,516         1,126         1,601            920            452
Aselsan Elektronic Sansyi ve Ticaret Dec            795            213            350            239            294
BIM Birlesik Magazalar Dec            671            583            395            413            331
Turk Telekomunikasyon AS Dec           (724)            863         1,969         1,267         2,593







Total all 11
      32,873       26,927       27,196       25,126       25,514







2016 Total Net Profit % Above 2015
22%



2016 Total Net Profit % Above 2014
21%



2016 Total Net Profit % Above 2013
31%



2016 Total Net Profit % Above 2012
29%

















Reporting in US$s
mils US$s mils US$s mils US$s mils US$s mils US$s
Enka Insaat ve Sanayi AS Dec            599            535            689            694            628
Turkiye Petrol Rafineri AS Dec            594            938            667            629            817

There are 19 individual countries in the G20.  I have made largest company earnings posts on 15 of them.  Indonesia has no large publicly-held companies.  The Big 3 remaining to do are China, Russia and the US.

In addition, the G20 invited 8 other countries to attend their key meeting starting tomorrow Thursday and concluding Friday.  I'll next address the largest company earnings of some of these 8.