January 20 Investor Presentation
Financial Highlights
Tüpraş recorded 3,301 MTL EBITDA in 9M 2019.
EBITDA
¹Net Income
Q1
Q2
Q3
10
Q4
Q1
Q2
Q3
Q4
8,908
3,812
Mn TL
Mn TL
3,713
493
1,887
5,882
2,550
992
1,766
1,237
815
3,778
1,793
3,799
3,396
3,301
1,457
542
1,528
750
803
1,208
340
1,505
956
1,027
1,542
1,144
2,210
710
581
869
870
867
1,495
275
331
378
1,080
688
1,575
79
1,033
-375
851
-155
2015
2016
2017
2018
2019
2015
2016
2017
2018
2019
1.8
Current Ratio & Net Debt / R. EBITDA
Net Debt/ R. EBITDA
Current Ratio
1.8
2Return on Average Equity
1.7
35%
22%
1.3
1.1
1.2
1.0
1.3
1.1
1.1
2015
2016
2017
2018
Sep. 2019
1) Excluding minority interest 2) Calculation based on rolling net income
January 20
Investor Presentation
Financials
www.tupras.com.tr
41%
37%
21%
2015
2016
2017
2018
Sep. 2019
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