H1 2019 Results
Financial Highlights
Tüpraş generated 851 MTL EBITDA in Q1 2019.
EBITDA (mn TL)
Net Income (mn TL)
*
■ Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
8,908
3,812
3,713
1,887
493
5,882
2,550
992
1,766
1,237
3,799
3,778
1,793
3,396
815
1,528
1,208
2,346
1,457
542
750
803
1,505
1,144
1,542
495
2,210
1,027
867
1,495
710
581
1,080
688
1,575
869
870
367
1,033
851
275
331
378
335
2015
2016
2017
2018
2019
2015
2016
2017
2018
-375
2019
1.8
Current Ratio & Net Debt / R. EBITDA
Net Debt/ R. EBITDA
Current Ratio
1.8
35%
1.3
1.3
1.1
1.2
1.3
1.0
1.1
1.1
Return on Average Equity**
22%
41%
37%
27%
2015
2016
2017
2018
Q2 2019
2015
2016
2017
2018
Q2 2019
*Excluding minority interest
**Calculation based on rolling net income
Investor Presentation
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