Türkiye Petrol Rafinerileri A.S. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 11:18 am EDT
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Türkiye Petrol Rafinerileri A.S. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TRY 33,687.718 million compared to TRY 9,279.581 million a year ago. Net income was TRY 1,699.863 million compared to net loss of TRY 184.839 million a year ago. For the half year, sales was TRY 53,508.708 million compared to TRY 26,219.118 million a year ago. Net income was TRY 939.368 million compared to net loss of TRY 2,449.849 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.