Garanti Faktoring A.S. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was TRY 1,172.19 million compared to TRY 359.02 million a year ago. Net income was TRY 313.97 million compared to TRY 99.66 million a year ago. Basic earnings per share from continuing operations was TRY 3.9493 compared to TRY 1.2536 a year ago.
For the nine months, revenue was TRY 2,801.7 million compared to TRY 870.14 million a year ago. Net income was TRY 795.01 million compared to TRY 234.91 million a year ago. Basic earnings per share from continuing operations was TRY 10.0001 compared to TRY 2.9549 a year ago.