Earnings Alerts

Analysis of KOC Holding AS (KCHOL) Earnings: 1Q Net Income Drops by 87% y/y Despite Sales Boost

  • Koc Holding’s net income for the first quarter of 2024 was 1.35 billion Liras, representing a significant drop of 87% compared to the same period the previous year.
  • The sales, however, showed an increase. They were up by 3.8% year-on-year, reaching a total of 311.8 billion Liras.
  • From the investor side, the confidence seems to be on the rise for Koc Holding. There were twelve ‘buy’ directives, as opposed to just one ‘hold’, with no ‘sell’ instructions.

A look at KOC Holding AS Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, KOC Holding A.S. is well-positioned for long-term success. With top scores in Value, Dividend, and Momentum, the company shows strength in its financial performance, dividend payouts, and market momentum. Additionally, a strong Growth score indicates potential for future development and expansion. While the Resilience score is slightly lower, KOC Holding A.S. maintains a diverse portfolio across various industries, which could help mitigate risks and challenges.

As a holding company with interests in a wide range of sectors including automobiles, household appliances, consumer electronics, and financial services, KOC Holding A.S. demonstrates a robust and diversified business model. The high scores in Value, Dividend, and Momentum suggest a solid foundation for sustained growth and performance in the long run. Investors may find KOC Holding A.S. an attractive opportunity based on its strong Smartkarma Smart Scores and diverse business interests.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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