Hüseyin Aydın, General Manager of Agricultural Credit Cooperatives:
“While increasing our profitability as the driving force of the agricultural industry, we continue our investments without slowing down.”

In the first half of 2025, the Agricultural Credit Group increased its total assets to TRY 180 billion, achieving 35% growth. Increasing its equity from TRY 54 billion to TRY 74 billion, representing 37% growth, the Group raised its operating profitability from 1% to 5%, its pre-tax profitability from 2% to 7%, and its net profitability from 2% to 6%, thereby increasing its consolidated net profit from TRY 1.7 billion in the previous period to TRY 5.5 billion.

Evaluating the financial results of the first half of 2025, Hüseyin Aydın stated: “We are the locomotive group of the agricultural industry. We have very important goals for our country’s agricultural ecosystem. We will take our group much further both in the production and supply of agricultural inputs and in the processing of agricultural products and their delivery to consumers. In this context, the TRY 2.4 billion in investments we made in the first half of 2025, together with the 35% growth in our total assets and the TRY 5.5 billion profit we achieved, clearly demonstrate that we are moving forward with confidence toward our targets.”

UNIQUE IN THE AGRICULTURAL ECOSYSTEM

The Agricultural Credit Group is the only institution in our country that encompasses every stage of an end-to-end production, trade, and service chain, extending from producers to final consumers. While providing our producers with essential agricultural inputs such as seeds, fertilizers, plant protection products, irrigation and greenhouse systems, fuel, and feed, the Group also purchases products from producers at fair value during harvest periods, thereby ensuring the continuity of production and agricultural activities.

With more than 800,000 partners, the Agricultural Credit Group is the largest farmer family in the country and holds a leading position in the agricultural industry. On the one hand, it produces agricultural inputs for farmers in its own industrial facilities; on the other hand, it processes agricultural products and delivers them to consumers.

A PRODUCTION GIANT WITH 52 FACTORIES

Operating across all geographical regions of the country, the Agricultural Credit Group conducts its activities over an area of 8.7 million square meters with 1,611 cooperatives, 18 companies—6 of which are listed among Türkiye’s top 500 industrial enterprises—52 production facilities, and thousands of warehouses. In recent years, the Group has also grown at an extraordinary pace in the retail sector, reaching final consumers through 4,500 sales points under its retail operations.

In other words, we produce with 52 factories, meet the needs of our farmers through 1,611 cooperatives, and fulfill consumer expectations at 4,500 sales points.

WE PRESERVED LIQUIDITY AND GREW BY 35%

In the first half of 2025, the Agricultural Credit Group continued its long-standing growth trend, increasing its total assets from TRY 133 billion in the first half of 2024 to TRY 180 billion in the same period this year, achieving 35% growth.

During this period, our Group preserved its liquid assets compared to the same period of the previous year and maintained its liquidity at TRY 118 billion in current assets by consistently implementing its disciplined inventory policy.

OUR INVESTMENTS CONTINUE AT FULL SPEED

Continuing its investments without slowing down, the Group has completed TRY 25 billion of its planned TRY 40 billion investment program determined three years ago. While implementing TRY 6.8 billion in investments in 2024, the Group sustained its determination to complete its projects with investments amounting to TRY 2.4 billion in the first half of 2025.

OUR EQUITY IS INCREASING, OUR CREDIT BURDEN IS DECREASING

The Group increased its equity from TRY 54 billion in the previous period to TRY 74 billion, recording 37% growth, while reducing the share of costly external financing sources, namely bank loans, in the financing of its operations from 36% to 32%.

WE TAKE RESPONSIBILITY IN THE FIGHT AGAINST INFLATION

Through its highly visible retail operations, the Group has played an active role in combating inflation, operating with low profit margins to ensure that citizens can access quality essential food products at the most affordable prices. At the same time, by increasing its sales performance by 27% compared to the same period of the previous year, the Group achieved consolidated sales revenue of TRY 95 billion in the first half of the year.

TRY 5.5 BILLION PROFIT IN THE FIRST HALF

Additionally, through effective and efficient cost management during the same period, the Group increased its gross profitability from 17% to 23%, operating profitability from 1% to 5%, pre-tax profitability from 2% to 7%, and net profitability from 2% to 6%, thereby raising its consolidated net profit from TRY 1.7 billion in the previous period to TRY 5.5 billion.

Drawing strength from its more than 160-year deep-rooted history, Agricultural Credit will continue, as it has to date, to contribute to the national economy and to fulfill more than its share of responsibility for the sustainability of agricultural production and food supply security with the same determination in the future.