Garanti Faktoring A.S. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was TRY 1,026.78 million compared to TRY 268.3 million a year ago. Net income was TRY 313.1 million compared to TRY 68.43 million a year ago. Basic earnings per share from continuing operations was TRY 3.9384 compared to TRY 0.8607 a year ago.
For the six months, revenue was TRY 1,629.51 million compared to TRY 511.12 million a year ago. Net income was TRY 481.04 million compared to TRY 135.25 million a year ago. Basic earnings per share from continuing operations was TRY 6.0508 compared to TRY 1.7012 a year ago.