Earnings Alerts

KOC Holding AS (KCHOL) Earnings: 2Q Sales Surge to 521.5B Liras, Net Income Hits 1.63B Liras in First Half

  • In the second quarter of 2024, Koc Holding reported sales of 521.5 billion liras.
  • This represents an increase of 12% compared to the same period last year, with previous year sales at 467.1 billion liras.
  • Net income for the second quarter was 164 million liras.
  • This is a significant decrease from the previous year’s second quarter net income of 24.6 billion liras.
  • For the first half of the year, Koc Holding’s net income was 1.63 billion liras.
  • Analyst ratings on Koc Holding include 13 buys, 1 hold, and 0 sells.

A look at KOC Holding AS Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE4.0

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 for KOC Holding A.S., the company is positioned favorably for long-term growth and stability. With top scores in both value and dividend factors, KOC Holding A.S. showcases strong fundamentals and a commitment to rewarding its investors. Additionally, a solid score in growth indicates potential for expansion and increased market share. While resilience and momentum scores are slightly lower, the overall outlook remains positive for KOC Holding A.S., making it a promising investment option.

KOC Holding A.S. is a diverse holding company with investments spanning a wide range of industries including automobiles, household appliances, consumer electronics, textiles, construction materials, food processing, and more. With interests in insurance, factoring, lease financing, securities brokerage companies, and banks, KOC Holding A.S. has built a robust portfolio that offers stability and growth opportunities. The high scores in value and dividend factors reflect the company’s commitment to delivering value to its shareholders, making KOC Holding A.S. a compelling choice for investors seeking long-term returns.


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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