Türk Telekomünikasyon Anonim Sirketi Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 08:57 pm IST
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Türk Telekomünikasyon Anonim Sirketi reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TRY 22,361.91 million compared to TRY 12,551.97 million a year ago. Net income was TRY 4,503.66 million compared to TRY 1,171.31 million a year ago. Basic earnings per share from continuing operations was TRY 1.2868 compared to TRY 0.3347 a year ago. Diluted earnings per share from continuing operations was TRY 1.2868 compared to TRY 0.3347 a year ago.
For the nine months, sales was TRY 55,562.28 million compared to TRY 32,755.03 million a year ago. Net income was TRY 4,548.32 million compared to TRY 3,124.18 million a year ago. Basic earnings per share from continuing operations was TRY 1.2995 compared to TRY 0.8926 a year ago. Diluted earnings per share from continuing operations was TRY 1.2995 compared to TRY 0.8926 a year ago.
Turk Telekomunikasyon AS is a Turkey-based company, which is engaged, together with its subsidiaries, in the telecommunication sector. The Group provides local, national, international and mobile telecommunication services, internet products and services, as well as call center and customer relationship management, technology and information management. Turk Telekomunikasyon AS operates under the following segments: Fixed Line and Mobile. Fixed Line services are provided by Turk Telekom, TTNET AS, Argela Yazilim ve Bilisim Teknolojileri Sanayi ve Ticaret AS, Innova Bilisim Cozumleri AS, Sebit Egitim ve Bilgi Teknolojileri AS, AssisTT Rehberlik ve Musteri Hizmetleri AS and TTINT Group whereas Mobile service is provided by Avea Iletisim Hizmetleri AS.