Turkey's Gubre Fabrikalari rises on Q1 profit growth
BUZZ-Turkey's Gubre Fabrikalari rises on Q1 profit growth ** Shares in Turkey's Gubre Fabrikalari GUBRF.IS rise almost 4% after the fertiliser producer reported an increase in first-quarter earnings
** Gubre Fabrikalari's Q1 net profit rose to 3.1 billion lira from 812.3 million lira a year earlier
** Brokerage Pusula Yatirim says results were solid and expects growth momentum to continue, supported by strong demand and pricing
** Shares of Gubre Fabrikalari are up 4.2% at 488.5 lira by 0746 GMT, paring gains after rising as much as 7.7%
** Including today's move, the stock is up about 40.95% year to date
(Reporting by Canan Sevgili)
Recent news on Gubre Fabrikalari
See all newsBrief: Gubre Fabrikalari Says It Is To Start Share Buyback Programme With Allocated Funds Of 4 Billion Lira
Brief: Gubre Fabrikalari Says It Signs 35-Year Exclusive Operation Rights Transfer Agreement For Iskenderun Port With Alport
Turkey's benchmark slides as new rules create liquidity pressure
Brief: Gubre Fabrikalari Q2 Net Profit Down At 1.5 Bln Lira
Brief: Gubre Fabrikalari Says It Proposes To Pay Cash Dividend At Gross 4.5 Lira Per Share For 2025