Koc Holding AS (KCHOL.IS), Turkey's largest conglomerate by sales, reported Thursday a 37% rise in second-quarter net profit, mainly supported by the net income of its subsidiaries in the energy sector.

The company's net profit for the three months rose to 557.2 million Turkish lira ($317.5 million) from TRY406.8 million a year earlier, according to a statement on the Istanbul Stock Exchange's website.

The result was above the market consensus of TRY481 million.

Sales rose 42% to TRY17.47 billion from TRY12.27 billion.

Koc Holding operates in five main segments: energy, automotive, consumer durables, finance and others.

Companies operating under Koc Holding include Ford Otomotiv Sanayii AS (FROTO.IS), or Ford Otosan, and Tofas (TOASO.IS) in the automotive sector; Arcelik (ARCLK.IS), Beko and Demirdokum in the durable goods sector; Aygaz (AYGAZ.IS) and Opet in the energy sector; Tansas and Tat in the food and retail industry; and Yapi Kredi (YKBNK.IS) and Koc Finansal in the financial services industry.

-By Yeliz Candemir, Dow Jones Newswires, +90 535 432 05 91; yeliz.candemir@dowjones.com

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