Türkiye Petrol Rafinerileri A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 25, 2023 at 11:15 am EDT
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Türkiye Petrol Rafinerileri A.S. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TRY 185,137.17 million compared to TRY 150,608.8 million a year ago. Net income was TRY 21,306.25 million compared to TRY 11,554.29 million a year ago. Basic earnings per share from continuing operations was TRY 11.06 compared to TRY 5.9971 a year ago.
For the nine months, sales was TRY 382,368.72 million compared to TRY 365,738.86 million a year ago. Net income was TRY 35,271.57 million compared to TRY 23,456.12 million a year ago. Basic earnings per share from continuing operations was TRY 27.1 compared to TRY 12.1743 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 
