In 2023, OYAK Investment’s consolidated net commission income increased by 2.2 times to ₺261 million, while its total revenues increased by 1.6 times to ₺433 million.
In a statement to the Public Disclosure Platform (KAP), OYAK Investment Securities Inc. (OYYAT) announced that while the company continued its strong growth, its shareholders’ equity reached ₺2.1 billion, and its net profit increased by 2.3 times compared to the same period of the previous year and reached ₺211 million.
According to the OYAK Investment statement, OYAK Investment Securities Inc. continues its strong growth in 2022 this year as well. The vision and strategy that OYAK has put forward in the last 7 years has a significant impact on the successful financial statement exhibited by OYAK Investment.
In 2023, OYAK Investment’s consolidated net commission income increased by 2.2 times to ₺261 million, while its total revenues increased by 1.6 times to ₺433 million. The strong shareholding structure had an impact on OYAK Investment’s performance in the first three months of 2023.
OYAK Group Insurance, whose equity size has reached approximately ₺400 million, has increased its solution services to local and international corporate customers in addition to the services offered to individual customers. The portfolio size managed by OYAK Portfolio also reached ₺18 billion, and its profitability increased by 4.9 times.
In recent years, OYAK Investment, which has undertaken many initiatives from global insurance brokerage activities to the field of financial technology, has a great impact on its investments as well as its increasing collaborations in the successful financial statement. OYAK Investment will continue to grow by realizing new investments and collaborations in the coming period.
Source: AA / Prepared by Irem Yildiz