ATA GYO's Total Portfolio Value Reaches 526 Million TL

ATA GYO announced its financial results for the first nine months of 2024. During this period, the company's total portfolio value reached 526 million TL, total asset size grew to 581 million TL, and equity size increased to 576 million TL.

ATA GYO is determined to continue expanding its ATA Corner business model and portfolio of street stores, developed with a high return objective.

Strong growth and profitability with increasing rental income In the first nine months of 2024, ATA GYO increased its revenue by a real 32% to reach 20 million TL, in parallel with the rise in rental income. With a 17% decrease in sales costs, the company's gross profit surged by 76%, rising to 14.2 million TL. The company's operating profit increased to 16.7 million TL. These results highlight the effectiveness of cost management, strong operational performance, and the increase in rental income.

With projects such as Tekirdağ ATA Corner, Kayseri/Talas, and Lüleburgaz ATA Corner, ATA GYO's portfolio value has reached 526 million TL, while providing services to major restaurant chains such as Burger King, Popeyes, Sbarro, Arby’s, and Usta Dönerci in collaboration with TAB Gıda, as well as strong brands like Kahve Dünyası, Koçtaş, and MRDIY.

The successful performance demonstrated in the first nine months of 2024 proves ATA GYO's commitment to its growth strategy and its solid financial structure once again. The strong financial results achieved through the increase in rental income and effective cost management show that the company is steadfastly moving towards its goal of creating a high-yield portfolio. Its strong cash position and low levels of liabilities highlight ATA GYO's ability to maintain financial flexibility and effectively capitalize on future opportunities, thereby continuing to create sustainable value for its investors.