Business Segments Net Holding

Stocks

NTHOL

TRANTHOL91Q6

Casinos & Gaming

Market Closed - Borsa Istanbul Other stock markets 11:08:22 2026-06-11 EDT			5-day change	1st Jan Change
38.60 ^TRY	-3.64%		-1.53%	-20.35%

05-12	Net Holding Q1 net profit up at 325.4 mln lira yoy	RE
05-11	Net Holding A.S. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (TRY)

Fiscal Period: December	2021	2022	2023	2024	2025
Lodging
Tourism	1.01B	3.41B	9.52B	19.51B	28.42B
Total Assets	19.37B	29.54B	70.23B	113B	164B
Income Tax Expense	324M	-364M	1.9B	772M	54.36M
CAPEX	-385M	-1.27B	-2.04B	-9.58B	-858M
EBT	957M	2.24B	4.27B	3.85B	2.25B
Gross Profit	392M	1.32B	4.15B	5.9B	7.18B
EBITDA	367M	1.19B	3.88B	7.09B	9.13B
D&A	173M	325M	1.67B	4.16B	5.1B
Operating Income	194M	863M	2.21B	2.93B	4.03B
Net Income	634M	2.6B	2.37B	3.08B	2.2B
Commercial Construction and Engineering
Holding and Other	14.8M	31.64M	77.49M	133M	206M
Total Assets	2.32B	2.68B	5.59B	998M	1.2B
Income Tax Expense	28.74M	95.3M	218M	2.31M	13.01M
CAPEX	-81.32M	-534M	-249M	-42.5M	-16.31M
EBT	386M	430M	784M	-62.12M	-43.11M
Gross Profit	9.11M	8.38M	-223M	13.1M	20.88M
EBITDA	-29.12M	-50.8M	-71.97M	-11.55M	-30.53M
D&A	5.73M	11.09M	122M	27.6M	35.83M
Operating Income	-34.85M	-61.9M	-194M	-39.14M	-66.36M
Net Income	357M	334M	566M	-64.44M	-56.12M
Printed Media Publishing
Publishing	10.32M	15.95M	33.3M	-	-
Total Assets	15.11M	18.85M	37.58M	-	-
Income Tax Expense	323K	245K	809K	-	-
CAPEX	-350K	-277K	-42K	-	-
EBT	1.21M	1.25M	-1.32M	-	-
Gross Profit	3.95M	5.91M	9.71M	-	-
EBITDA	1.27M	1.38M	38K	-	-
D&A	394K	428K	2.31M	-	-
Operating Income	876K	947K	-2.27M	-	-
Net Income	882K	1M	-2.13M	-	-
Finance	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
EBT	-	-	-	-	-
Gross Profit	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Total Assets	-	-	-	-	-
Net Income	-	-	-	-	-
Elimination	-24.16M	-80.25M	-142M	-271M	-3.61B
Total Assets	-3.95B	-4.77B	-18.06B	-29.75B	-46.45B
EBT	23.01M	3.18M	-211M	-39.44M	3.23M
Gross Profit	-20.7M	-58.24M	-136M	-262M	-366M
EBITDA	42.85M	14.29M	-5.06M	-39.97M	-18.51M
Operating Income	42.85M	14.29M	-5.06M	-39.97M	-18.51M
Net Income	23.01M	3.18M	-211M	-39.44M	3.23M

Geographical Revenue Distribution History

Geographical breakdown of sales (TRY)

Fiscal Period: December	2021	2022	2023	2024	2025
Turkish Republic of North Cyprus	817M	3.15B	8.46B	16.74B	21.44B
Total Assets	18.9B	27.86B	68.47B	106B	153B
Income Tax Expense	326M	-348M	2.13B	744M	-66.06M
D&A	164M	315M	1.59B	3.94B	4.7B
Gross Profit	318M	1.28B	3.97B	4.56B	6.02B
Net Income	574M	2.7B	3.12B	1.99B	2.14B
EBT	900M	2.35B	5.25B	2.74B	2.08B
Operating Income	132M	863M	2.23B	1.93B	3.58B
EBITDA	296M	1.18B	3.82B	5.87B	8.28B
Total Assets	-	-	-	-	-
Net Income	-	-	-	-	-
Bulgaria	86.39M	209M	599M	1.16B	1.96B
Total Assets	205M	389M	910M	2.28B	3.67B
Income Tax Expense	1.52M	12.36M	-6.1M	27.37M	96.86M
D&A	5.38M	6.52M	53.18M	136M	208M
Gross Profit	46.17M	112M	76.91M	769M	661M
Net Income	75.34M	89.08M	-181M	772M	484M
EBT	76.86M	101M	-187M	799M	581M
Operating Income	49.24M	96.73M	33.15M	586M	658M
EBITDA	54.62M	103M	86.34M	722M	865M
Montenegro	110M	54.16M	312M	1.56B	1.43B
Total Assets	1.25B	1.47B	2.25B	4.85B	6.98B
Income Tax Expense	4.38M	1.23M	-1.42M	3.59M	24.82M
D&A	2.81M	3M	21.08M	71.22M	180M
Gross Profit	33.27M	-64.84M	-8.34M	562M	191M
Net Income	15.01M	-70.43M	-140M	493M	-366M
EBT	19.38M	-69.2M	-141M	497M	-341M
Operating Income	17.82M	-76.11M	-23.51M	589M	-149M
EBITDA	20.63M	-73.11M	-2.43M	661M	31.23M
Turkey	19.85M	39.49M	104M	-104M	168M
Total Assets	1.32B	2.48B	4.18B	998M	1.17B
Income Tax Expense	17.45M	65.71M	9.18M	1.19M	13.48M
D&A	5.7M	11.14M	122M	27.6M	30.52M
Gross Profit	11.69M	12.49M	-208M	-202M	10.64M
Net Income	337M	239M	-46.25M	-236M	-54.34M
EBT	354M	305M	-37.07M	-234M	-40.86M
Operating Income	-33.52M	-61.89M	-194M	-210M	-87.65M
EBITDA	-27.83M	-50.75M	-71.7M	-183M	-57.13M
Croatia	2.39M	6.62M	18.91M	10.81M	17.7M
Total Assets	30.78M	36.31M	43.26M	37.77M	33.88M
Income Tax Expense	3.57M	639K	-8.44M	-1.63M	-1.74M
D&A	1.27M	1.06M	11.4M	12.45M	15.75M
Gross Profit	-3.7M	-9.5M	-28.22M	-41.88M	-48.67M
Net Income	-9.29M	-22.17M	-32.16M	-43.16M	-61.56M
EBT	-5.72M	-21.54M	-40.6M	-44.79M	-63.3M
Operating Income	-5.29M	-19.72M	-40.5M	-44.33M	-52.98M
EBITDA	-4.02M	-18.66M	-29.1M	-31.88M	-37.22M
Elimination	-24.16M	-80.25M	-	-	-
Total Assets	-3.95B	-4.77B	-18.06B	-29.75B	-46.45B
Gross Profit	-20.7M	-58.24M	-	-	-
Net Income	23.01M	3.18M	-	-	-
EBT	23.01M	3.18M	-	-	-
Operating Income	42.85M	14.29M	-	-	-
EBITDA	42.85M	14.29M	-	-	-