Enka Insaat ve Sanayi stock fell 3.21 percent on October 7

Enka Insaat ve Sanayi (ISIN TREENKA00011) fell 3.21 percent on October 7, 2026, while its 52-week range remained TRY 67.80 to TRY 114.30. The company trades on Borsa Istanbul under ticker ENKAI, as Global Banking and Finance Review identifies it.

Revenue rose 21.1 percent

Enka's second-quarter 2026 revenue reached USD 1.082 billion, up 21.1 percent from USD 893.6 million in the same quarter of 2025, according to FKRadar.

The latest quarter also brought USD 336.2 million in net income, compared with USD 308.9 million a year earlier. The comparison points to profit growth of 8.8 percent in US dollar terms, while the Turkish lira figures reported by Rota Borsa show net profit up 28 percent year over year to TRY 15.0 billion.

Profit beat came with margin pressure

Rota Borsa reported on September 8, 2026, that second-quarter net profit exceeded market expectations of TRY 10.7 billion and the ?? Yat?r?m estimate of TRY 9.2 billion. Consolidated revenue reached TRY 48.9 billion, a 42 percent year-over-year increase.

The operating picture was less uniform. Consolidated EBITDA declined 21 percent year over year to TRY 7.2 billion, and the EBITDA margin narrowed to 14.7 percent from 26.3 percent in the comparable quarter. The result makes profit quality and segment mix important factors for the next earnings update.

Stock remains below yearly peak

Enka's contract backlog stood at USD 8.4 billion at the end of the second quarter, down from USD 8.7 billion at the end of the first quarter. Energy revenue rose 312 percent year over year to USD 273 million, while contracting revenue fell 5 percent to USD 613 million, according to Rota Borsa.

Enka was last at TRY 80.00 on Borsa Istanbul on October 7, 2026, at 6:08 p.m. Istanbul time. Its market capitalization was TRY 469.0 billion, and trading volume reached 10,683,751 shares.

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