Company Net Holding

NTHOL

TRANTHOL91Q6

Casinos & Gaming

Market Closed - Borsa Istanbul Other stock markets 11:09:34 2026-06-29 am EDT			5-day change	1st Jan Change
44.62 ^TRY	+0.54%		-4.54%	-7.92%

May. 12	Net Holding Q1 net profit up at 325.4 mln lira yoy	RE
May. 11	Net Holding A.S. Reports Earnings Results for the First Quarter Ended March 31, 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: 7,812

Sales by Activity: Net Holding

Fiscal Period: December	2021 (TRY)	2022 (TRY)	2023 (TRY)	2024 (TRY)	2025 (TRY)
Tourism	1.01B	3.41B	9.52B	19.51B	28.42B
Holding and Other	14.8M	31.64M	77.49M	133M	206M
Elimination	-24.16M	-80.25M	-142M	-271M	-3.61B
Publishing	10.32M	15.95M	33.3M	-	-

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Geographical breakdown of sales: Net Holding

Fiscal Period: December	2021 (TRY)	2022 (TRY)	2023 (TRY)	2024 (TRY)	2025 (TRY)
Turkish Republic of North Cyprus	817M	3.15B	8.46B	16.74B	21.44B
Bulgaria	86.39M	209M	599M	1.16B	1.96B
Montenegro	110M	54.16M	312M	1.56B	1.43B
Turkey	19.85M	39.49M	104M	-104M	168M
Croatia	2.39M	6.62M	18.91M	10.81M	17.7M
Elimination	-24.16M	-80.25M	-	-	-

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Executive Committee: Net Holding

Manager	Title	Age	Since
Besim Tibuk CEO	Chief Executive Officer	-	1981-01-13
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	-	1981-01-13
Cemal Cenap Aybay BRD	Director/Board Member	-	1981-01-13
Haluk Elver BRD	Director/Board Member	-	2000-04-05
Mehmet Ceritoglu BRD	Director/Board Member	-	1981-01-13
Ismail Reha Arar BRD	Director/Board Member	-	2010-06-27
Zeynep Su BRD	Director/Board Member	-	2010-06-27
Ismail Kirtay BRD	Director/Board Member	-	2018-10-15
Sümer Mutlu BRD	Director/Board Member	-	-
Orlando Kalumenos BRD	Director/Board Member	-	2007-09-24
Mustafa Erdogan BRD	Director/Board Member	61	-

Composition of the Board of Directors

Shareholders: Net Holding

Name	Stocks	%	Valuation
Besim Tibuk 36.91 %	184,525,750	36.91 %	151 M ₺
Kerem Tibuk 31.84 %	159,181,375	31.84 %	130 M ₺
NET HOLDING 8.792 %	43,959,138	8.792 %	36 M ₺
State Street Global Advisors Ltd. 0.0427 %	213,309	0.0427 %	174 532 ₺
Orlando Kalumenos 0.002451 %	12,256	0.002451 %	10 028 ₺

List of NET HOLDING shareholders

Holdings: Net Holding

Name	Stocks	%	Valuation
MERIT TURIZM YATIRIM VE ISLETME ANONIM SIRKETI 70.77%	238,204,866	70.77%	83 M $
NET HOLDING 8.79%	43,959,138	8.79%	36 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
MERIT TURIZM YATIRIM VE ISLETME ANONIM SIRKETI	Hotels/Resorts/Cruise lines

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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	+0.54%	-4.54%	+1.18%	+230.52%	435M
LAS VEGAS SANDS CORP.	-1.59%	-4.82%	+5.10%	-19.68%	31.22B
MGM RESORTS INTERNATIONAL	+1.02%	+6.08%	+44.57%	+17.30%	12.59B
WYNN RESORTS, LIMITED	-1.02%	-5.79%	+5.01%	-4.63%	10.27B
GENTING SINGAPORE LIMITED	+0.83%	0.00%	-14.69%	-34.76%	5.65B
MONARCH CASINO & RESORT, INC.	-0.52%	+1.92%	+52.75%	+93.36%	2.38B
MELCO RESORTS & ENTERTAINMENT LIMITED	+0.37%	-2.71%	-25.28%	-56.22%	2.08B
KANGWON LAND, INC.	+2.90%	-4.78%	-20.46%	-17.39%	1.84B
SJM HOLDINGS LIMITED	+0.69%	-8.18%	-42.52%	-57.68%	1.31B
TABCORP HOLDINGS LIMITED	+2.41%	-2.86%	+21.43%	-20.93%	1.31B
Average	+0.56%	-2.32%	+2.71%	+12.99%	6.91B
Weighted average by Cap.	-0.48%	-1.65%	+10.08%	-8.26%