Türkiye Petrol Rafinerileri A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 31, 2023 at 12:20 pm EDT
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Türkiye Petrol Rafinerileri A.S. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TRY 104,405.18 million compared to TRY 137,484.39 million a year ago. Net income was TRY 7,217.24 million compared to TRY 10,799.1 million a year ago. Basic earnings per share from continuing operations was TRY 4.31 compared to TRY 5.6043 a year ago.
For the six months, sales was TRY 197,231.55 million compared to TRY 215,130.07 million a year ago. Net income was TRY 13,965.32 million compared to TRY 11,901.83 million a year ago. Basic earnings per share from continuing operations was TRY 14.22 compared to TRY 6.1771 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 
