Karsu Tekstil stock secures TRY 41 million property return

Karsu Tekstil stock (ISIN TRAKRTEK91B6) is linked to a TRY 41,000,000 property reacquisition completed under a board decision dated October 6, 2026. The transaction returned an Istanbul office to the textile producer after leaseback financing was fully settled.

Property returns after leaseback

Kayseri Olay reported on October 7, 2026 that Karsu Tekstil had regained ownership of its Istanbul contact office after the financing obligation ended. The property is located in Mecidiyeköy, in Istanbul's ?i?li district, and covers 354.63 square meters.

The transaction followed a February 28, 2023 sale-and-leaseback agreement with Ziraat Kat?l?m Bank. The TRY 41,000,000 purchase price gives the announcement a clear balance-sheet angle because the company moved the property back into its ownership after completing the related lease payments.

Revenue reaches TRY 1.2 billion

According to FVT, Karsu Tekstil reported TRY 1.2 billion in net sales for the first six months of 2026. The same period produced a net loss of TRY 110.5 million, leaving the sales figure alongside a negative earnings result.

The first-half figures place the property transaction beside a pressured operating picture. Karsu Tekstil manufactures yarn, dyed yarn and knitted fabrics, so the comparison between TRY 1.2 billion in sales and the TRY 110.5 million loss is more important for investors than the property value alone.

Ownership change shapes the stock story

Karsu Tekstil's listed business remains connected to textile manufacturing and marketing, while the October property transaction concerns corporate ownership rather than a new operating contract. That distinction matters because the announcement changes the asset position but does not itself quantify a change in sales, earnings or production capacity.

The company operates under the KRTEK ticker on Borsa Istanbul. Its first-half 2026 net sales were TRY 1.2 billion, compared with the TRY 110.5 million net loss reported for the same period.

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