Brief: Tupras Q2 Net Profit Decreases To 7.22 Bln Lira YoY

Turkiye Petrol Rafinerileri AS

01/08/2023 06:30

Aug 1 (Reuters) - TÜPRAŞ-TÜRKİYE PETROL RAFİNERİLERİ
 TUPRS.IS :
    * SAID ON MONDAY Q2 NET PROFIT OF 7.22 BLN LIRA VS PROFIT OF
10.80
BLN LIRA YEAR AGO
    * Q2 REVENUE OF 104.41 BLN LIRA VS 137.48 BLN LIRA YEAR AGO
    * SEES 2023 NET REFINERY MARGIN AT $10 - $11/BBL (PRV.
FORECAST:
$11 - $12 /BBL) 
    * SEES 2023 PRODUCTION AT AROUND 24-25 MLN TONNES (PRV.
FORECAST:
AROUND 24-25 MLN TONNES)  
    * SEES 2023 SALES AT AROUND 29-30 MLN TONNES (PRV. FORECAST:
AROUND 28-29 MLN TONNES) 
    * 2023 TOTAL INVESTMENTS EXPECTATION AT AROUND $350 MLN
(PRV.
FORECAST: AROUND $350 MLN) 

        
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