Haci Ömer Sabanci Holding A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 10:38 am EST
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Haci Ömer Sabanci Holding A.S. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was TRY 43,165.66 million compared to TRY 27,740.8 million a year ago. Net income was TRY 17,274.48 million compared to TRY 10,873.24 million a year ago. Basic earnings per share from continuing operations was TRY 8.47 compared to TRY 5.33 a year ago.
For the nine months, net interest income was TRY 101,317.79 million compared to TRY 64,318.05 million a year ago. Net income was TRY 36,674.47 million compared to TRY 27,215.36 million a year ago. Basic earnings per share from continuing operations was TRY 17.98 compared to TRY 13.34 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 
