trending Market Intelligence /marketintelligence/en/news-insights/trending/KhceIQfWiL6hytEVIC2yhg2 content esgSubNav
In This List

Avrasya Petrol swings to profit in Q2

Blog

Investment Banking Essentials Newsletter: October Edition, Part - 2

Blog

Global M&A By the Numbers: Q3 2021

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Avrasya Petrol swings to profit in Q2

Avrasya Petrol ve Turistik Tesisler Yatirimlar Anonim Sirketi said its second-quarter normalized net income was 512,360 lira, compared with a loss of 96,450 lira in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 112.0% from negative 12.4% in the year-earlier period.

Total revenue came to 457,260 lira.

Reported net income came to a loss of 82,480 lira, or a loss of 0 kurus per share, compared to a loss of 1.1 million lira, or a loss of 2 kurus per share, in the prior-year period.

As of July 7, US$1 was equivalent to 2.69 Turkish lira.