Investor Presentation
Income Statement (Million TL)
Q2
Q2
H1
H1
Million TL
%
%
2023
2022**
2023
2022**
Net Sales
104,405
137,484
-24%
197,232
COGS
-86,931
-119,367
27%
-165,761
215,130
-191,317 13%
-8%
Gross Profit
17,474
18,118
-4%
31,471
23,813
32%
Operating Expenses
-2,644
-2,080
-27%
-4,849
-3,161
-53%
Income/Loss from other operations
-6,408
-3,538
-81%
-7,028
-5,061
-39%
Operating Profit
8,422
12,499
-33%
19,593
15,591
26%
Inc./Loss from Equity pick ups
272
156
74%
538
367
47%
Operating Profit Before Fin. Income/Loss
8,694
12,655
-31%
20,131
15,958
26%
Financial Income/Expense
-2,156
-1,475
-46%
-2,908
-3,446
16%
Profit Before Tax
6,538
11,180
-42%
17,224
12,512
38%
Net Profit (excluding minority interest)
7,217
10,799
-33%
13,965
11,902
17%
EBITDA *(mn. TL)
Inventory Gain/Loss (mn. TL)
EBITDA* (mn. TL) CCS
15,204
16,431
-7%
27,340
21,455
27%
4,655
2,931
59%
4,633
7,034
-34%
10,550
13,500
-22%
22,707
14,422
57%
Oct-23
Financials
Investor Presentation
*On CMB reports. EBIT includes extra items such as FX impacts of trade receivables and payables. In our EBITDA calculation. FX related items are excluded from EBIT in line with international practices.
** These figures are restated to include Entek's financials. www.tupras.com.tr
28View entire presentation