trending Market Intelligence /marketintelligence/en/news-insights/trending/XkWZ5NBWS6Wn2aT3TfGLcg2 content esgSubNav
In This List

Avrasya Petrol Q2 profit falls YOY

Blog

Banking Essentials Newsletter: September 28th edition

Blog

Worldwide smartphone shipment forecast through 2026: from small drop to mild recovery

Podcast

Next in Tech | Episode 84: The bear bites M&A

Podcast

MediaTalk Episode 27


Avrasya Petrol Q2 profit falls YOY

Avrasya Petrol ve Turistik Tesisler Yatirimlar Anonim Sirketi said its normalized net income for the second quarter amounted to 38,340 lira, a decline of 92.5% from 512,360 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 dropped to 7.9% from 112.0% in the year-earlier period.

Total revenue climbed 39.1% on an annual basis to 635,970 lira from 457,260 lira.

Reported net income totaled a loss of 2.0 million lira, or a loss of 5 kurus per share, compared to a loss of 82,480 lira, or a loss of 0 kurus per share, in the prior-year period.

As of July 29, US$1 was equivalent to 2.99 Turkish lira.