Türkiye Petrol Rafinerileri A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 11:21 am EDT
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Türkiye Petrol Rafinerileri A.S. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TRY 40,992.83 million compared to TRY 17,034.98 million a year ago. Net income was TRY 987.97 million compared to net loss of TRY 420.13 million a year ago. Basic earnings per share from continuing operations was TRY 3.95 compared to basic loss per share from continuing operations of TRY 1.68 a year ago.
For the nine months, sales was TRY 94,501.54 million compared to TRY 43,254.1 million a year ago. Net income was TRY 1,927.34 million compared to net loss of TRY 2,869.98 million a year ago. Basic earnings per share from continuing operations was TRY 7.7 compared to basic loss per share from continuing operations of TRY 11.46 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 
