Garanti Faktoring A.S. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was TRY 602.73 million compared to TRY 242.82 million a year ago. Net income was TRY 167.94 million compared to TRY 66.82 million a year ago.

Basic earnings per share from continuing operations was TRY 2.1124 compared to TRY 0.8405 a year ago.