Haci Ömer Sabanci Holding A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 04, 2022 at 07:51 am EDT
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Haci Ömer Sabanci Holding A.S. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was TRY 27,740.8 million compared to TRY 6,998.7 million a year ago. Net income was TRY 10,873.24 million compared to TRY 3,392.39 million a year ago. Basic earnings per share from continuing operations was TRY 5.33 compared to TRY 1.66 a year ago. Basic earnings per share was TRY 5.33 compared to TRY 1.66 a year ago.
For the nine months, net interest income was TRY 64,318.05 million compared to TRY 17,102.43 million a year ago. Net income was TRY 27,215.36 million compared to TRY 6,856.71 million a year ago. Basic earnings per share from continuing operations was TRY 13.34 compared to TRY 3.36 a year ago. Basic earnings per share was TRY 13.34 compared to TRY 3.36 a year ago.
Haci Omer Sabanci Holding AS (Sabanci Holding), is a Turkey-based holding company, which is engaged in a wide variety of business activities through its subsidiaries and affiliates, mainly in the banking, financial services, energy, building materials, digital and retail sectors. Through its subsidiaries Brisa, Kordsa, Temsa, and Temsa Motorlu Araclar, it manufactures and wholesales automobiles, light commercial vehicles, trucks, agricultural and construction machinery tires, and manufactures electric and diesel city and inter-city buses. Sabanci Holding is active in the banking and finance sectors via subsidiaries, Akbank, Aklease, Akyatirim and Akportfoy, and it provides financial, leasing, investment and portfolio management services. The Company also involves other activities, such as electricity generation and distribution, manufacturing building materials, retailing electronics, and operating supermarkets.
HACI ÖMER SABANCI HOLDING 
