Nurol GYO stock: 743.6 million lira nine-month loss deepens

Nurol GYO reported a net loss of 743.6 million Turkish lira for the period from January 1 through September 30, 2026. The result was reported on October 27 and covered by Borsatek on the basis of a public disclosure.

Assets and property portfolio decline

Total assets fell to 7.46 billion Turkish lira from 8.36 billion Turkish lira in the previous period. Investment property declined to 5.29 billion Turkish lira from 6.03 billion Turkish lira, while equity stood at 7.24 billion Turkish lira compared with 7.99 billion Turkish lira previously.

Revenue reached 388.5 million Turkish lira and gross profit was 196.3 million Turkish lira. General administrative expenses were 127.3 million Turkish lira, while marketing expenses reached 308.4 million Turkish lira. The operating loss amounted to 681.2 million Turkish lira.

Cash flow remains a key watchpoint

Operating activities generated a net cash outflow of 197.3 million Turkish lira. Investment activities produced a net inflow of 243 million Turkish lira, including 284.1 million Turkish lira from sales of investment property. The period-end cash position rose to 86.9 million Turkish lira.

For investors, the figures shift attention toward the pace of property disposals, the valuation of the portfolio and the contribution of Nurol GYO's projects. The reported balance sheet still shows limited liabilities at 218.4 million Turkish lira, but the loss and operating cash outflow remain material factors for the next reporting periods.

Nurol GYO's business and peers

Nurol GYO is a Turkey-based real estate investment trust focused on property assets and real estate-related projects. Its investor-relations page highlights the Nurol Life and Nurol Park projects and presents the business around sustainable solutions for living spaces. The company operates in a market that also includes larger listed groups such as Emlak Konut Gayrimenkul Yatirim Ortakligi, Torunlar Gayrimenkul Yatirim Ortakligi and Is Gayrimenkul Yatirim Ortakligi, leaving Nurol GYO positioned as a more focused property portfolio among Turkish REITs.

For further company information, Nurol GYO's investor-relations page provides access to quarterly reports and corporate information.