Türkiye Petrol Rafinerileri A.S. Reports Earnings Results for the Full Year Ended December 31, 2020
February 11, 2021 at 10:36 am EST
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Türkiye Petrol Rafinerileri A.S. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TRY 63,243.815 million compared to TRY 89,600.776 million a year ago. Operating loss was TRY 619.027 million compared to operating income of TRY 2,230.137 million a year ago. Net loss was TRY 2,493.511 million compared to net income of TRY 525.837 million a year ago.
Turkiye Petrol Rafinerileri AS is a Turkey-based company that is engaged, together with its subsidiaries, in the refining of crude oil and petroleum products. Its refineries produce a full range of refined petroleum products, including diesel, fuel oils, jet fuel, gasoline and asphalt. The Group also imports and sells petroleum products and engages in the distribution, retailing and marine transportation of crude oil and refined products. It is mainly engaged in the following fields: to provide and refine crude oil, to import and export petroleum products, and to establish and operate domestic and foreign refineries for this purpose; to establish and operate factories and facilities in petrochemical and other related industries; to establish and operate facilities and plants related with energy and energy related industries, as well as to purchase, sell, import, export, store, market and distribute petroleum products, Liquefied Petroleum Gas (LPG) and natural gas, among others.
TÜRKIYE PETROL RAFINERILERI 
