Company Net Holding

NTHOL

TRANTHOL91Q6

Casinos & Gaming

Delayed Borsa Istanbul 08:00:16 21/09/2026 pm IST			5-day change	1st Jan Change
37.96 ^TRY	-1.66%		-6.31%	-21.54%

20/08	Net Holding A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
14/07	Net Holding A.S. announces Annual dividend, payable on December 18, 2026	CI

Business description: Net Holding

Net Holding AS is a Turkey-based holding company active in the tourism sector with duty-free store management, hotel management, real estate development and other touristic services. The Company's activities include the management of cafes, casinos, duty-free shops and book stores, publishing books for tourists and children, limousine services, and the operation of gift and souvenir shops under the Bazaar54 brand name. It maintains its activities in the hotel management and entertainment sectors in Turkey and abroad. The Companyâ€™s hotels are Merit Halki Palace, Merit Sahmaran and Merit Crystal Cover Hotel & Casino, among others. As of March 30, 2012, the Companyâ€™s subsidiaries included Gokova Turizm Tic. ve San. A.S, Loytas Laleli Otelcilik Yatirim Tur. ve Tic. A.S and Netel Net Otelcilik Yatirim ve Isl. A.S., among others.

Number of employees: 8,158

Sales by Activity: Net Holding

Fiscal Period: December	2021 (TRY)	2022 (TRY)	2023 (TRY)	2024 (TRY)	2025 (TRY)
Tourism	101.05Cr	340.82Cr	952.45Cr	1.95TCr	2.84TCr
Holding and Other	1.48Cr	3.16Cr	7.75Cr	13Cr	21Cr
Elimination	-2.42Cr	-8.02Cr	-14Cr	-27Cr	-361.23Cr
Publishing	1.03Cr	1.6Cr	3.33Cr	-	-

See all business segments

Geographical breakdown of sales: Net Holding

Fiscal Period: December	2021 (TRY)	2022 (TRY)	2023 (TRY)	2024 (TRY)	2025 (TRY)
Turkish Republic of North Cyprus	82Cr	314.64Cr	845.96Cr	1.67TCr	2.14TCr
Bulgaria	8.64Cr	21Cr	60Cr	116.24Cr	196.38Cr
Montenegro	11Cr	5.42Cr	31Cr	155.54Cr	142.57Cr
Turkey	1.99Cr	3.95Cr	10Cr	-10Cr	17Cr
Croatia	23.92L	66.19L	1.89Cr	1.08Cr	1.77Cr
Elimination	-2.42Cr	-8.02Cr	-	-	-

See all geographic segments

Executive Committee: Net Holding

Manager	Title	Age	Since
Besim Tibuk CEO	Chief Executive Officer	-	14/01/1981
Orlando Kalumenos DFI	Director of Finance/CFO	-	-
Gülsah Samli IRC	Investor Relations Contact	-	-

See NET HOLDING governance

Composition of the Board of Directors: Net Holding

Director	Title	Age	Since
Besim Tibuk CHM	Chairman	-	14/01/1981
Cemal Cenap Aybay BRD	Director/Board Member	-	14/01/1981
Ismail Reha Arar BRD	Director/Board Member	-	28/06/2010
Mehmet Ceritoglu BRD	Director/Board Member	-	14/01/1981
Haluk Elver BRD	Director/Board Member	-	06/04/2000
Orlando Kalumenos BRD	Director/Board Member	-	25/09/2007
Zeynep Su BRD	Director/Board Member	-	28/06/2010
Hande Tibuk BRD	Director/Board Member	-	10/05/2011
Ismail Kirtay BRD	Director/Board Member	-	16/10/2018
saban çaglayan BRD	Director/Board Member	-	-

Composition of the Board of Directors

Shareholders: Net Holding

Name	Stocks	%	Valuation
Besim Tibuk 36.91 %	18,45,25,750	36.91 %	164 M ₺
Kerem Tibuk 31.84 %	15,91,81,375	31.84 %	141 M ₺
NET HOLDING 8.792 %	4,39,59,138	8.792 %	39 M ₺
State Street Global Advisors Ltd. 0.0238 %	1,18,845	0.0238 %	105 514 ₺
Orlando Kalumenos 0.002451 %	12,256	0.002451 %	10 881 ₺

List of NET HOLDING shareholders

Holdings: Net Holding

Name	Stocks	%	Valuation
MERIT TURIZM YATIRIM VE ISLETME ANONIM SIRKETI 70.77%	23,82,04,866	70.77%	77 M $
NET HOLDING 8.79%	4,39,59,138	8.79%	39 M $

Company details: Net Holding

Net Holding AS

Etiler Mahallesi Bade Sokak No. 9

34337, Istanbul

+90 212 358 04 44

http://www.netholding.com

Group companies: Net Holding

Name	Category and Sector
MERIT TURIZM YATIRIM VE ISLETME ANONIM SIRKETI	Hotels/Resorts/Cruise lines

Casinos

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
NET HOLDING	-1.66%	-6.31%	-16.11%	+67.64%	36Cr
LAS VEGAS SANDS CORP.	-1.09%	-6.40%	-24.92%	-13.43%	2.59TCr
MGM RESORTS INTERNATIONAL	-0.60%	-5.15%	+9.54%	+2.03%	951.27Cr
WYNN RESORTS, LIMITED	+0.09%	-6.60%	-34.97%	-9.29%	828.74Cr
GENTING SINGAPORE LIMITED	0.00%	0.00%	-19.61%	-28.49%	580.71Cr
MONARCH CASINO & RESORT, INC.	-0.15%	-1.65%	+16.99%	+89.69%	217.7Cr
KANGWON LAND, INC.	-2.33%	-3.51%	-21.58%	-9.79%	203.72Cr
MELCO RESORTS & ENTERTAINMENT LIMITED	+0.22%	-3.33%	-51.36%	-51.66%	176.43Cr
TABCORP HOLDINGS LIMITED	+1.66%	+1.10%	-6.60%	-5.15%	147.07Cr
SJM HOLDINGS LIMITED	-1.06%	-0.71%	-55.82%	-54.08%	128.53Cr
Average	-0.43%	-3.60%	-20.44%	-1.26%	585.97Cr
Weighted average by Cap.	-0.49%	-5.16%	-19.51%	-9.20%