Last 4.72 TRY
Change Today +0.12 / 2.61%
Volume 3.1K
AKFEN On Other Exchanges
As of 3:32 AM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

akfen holding as (AKFEN) Snapshot

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52 Week High
06/20/14 - 5.40
52 Week Low
02/27/14 - 3.62
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akfen holding as (AKFEN) Details

Akfen Holding Anonim Sirketi, through its subsidiaries, is engaged in construction, energy, and real estate businesses in Turkey, Cyprus, and Russia. It is involved in the construction of airport terminals and associated infrastructure, natural gas pipe lines/distribution systems, hospitals, schools, residences, industrial plants, energy projects in hydroelectric/thermal sectors, water distribution, sewage systems, and waste water treatment facilities. The company also generates and distributes hydro and natural gas powered electricity. In addition, it operates as a real estate investment trust and invests in real estate, real estate projects, and other capital markets instruments. Akfen Holding Anonim Sirketi was founded in 1976 and is headquartered in Ankara, Turkey.

358 Employees
Last Reported Date: 03/3/14
Founded in 1976

akfen holding as (AKFEN) Top Compensated Officers

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akfen holding as (AKFEN) Key Developments

Akfen Holding Anonim Sirketi(IBSE:AKFEN) dropped from Istanbul Stock Exchange National 100 Index

Akfen Holding Anonim Sirketi will be removed from the Istanbul Stock Exchange National 100 Index.

Akfen Holding Anonim Sirketi Reports Earnings Results for the First Half Year of 2014

Akfen Holding Anonim Sirketi reported earnings results for the first half year of 2014. Net profit was TRY 48 million ($22 million/€17 million) from a net loss of TRY 7.8 million a year ago. Consolidated operating profit grew 136% to TRY 85 million in the first half as its share on profit of equity-accounted investees soared to TRY 86.5 million from TRY 7.5 million a year earlier. Revenue declined 17% to TRY 58 million. The company's capital expenditure totalled TRY 112.6 million.

Akfen Holding Reports Consolidated Earnings Results for the Year 2013

Akfen Holding reported consolidated earnings results for the year 2013. The company turned into a consolidated net loss of TRY 73.2 million ($33.1 million/EUR 24.1 million) in 2013 against a profit of TRY 662.8 million a year ago. The company's income from investment activities dropped to TRY 41.5 million in 2013 from TRY 589.6 million in 2012. Consolidated operating profit rose 38% to TRY 207 million last year. Revenue increased 22.6% to TRY 111.4 million.


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