Press Release: Turkcell Iletisim Hizmetleri: Second Quarter 2022 Results

Dow Jones

Aug 18, 2022

 
   By Ed Frankl

Turkcell Iletisim Hizmetleri AS said Thursday that second-quarter profit and revenue rose as subscriber numbers grew.

The Turkish telecoms company said quarterly net income increased to 1.86 billion Turkish lira ($103.6 million), from TRY1.11 billion in the same period last year.

Revenue rose 46% to TRY12.48 billion, as Turkcell Turkey added nearly 600,000 to its subscriber base in the three months to the end of June, reaching 40.6 million.

Ebitda rose 45% to TRY5.03 billion.

Turkcell now says it targets revenue growth above 40% for 2022 and earnings before interest, taxes, depreciation, and amortization of around TRY20 billion.

Write to Ed Frankl at edward.frankl@dowjones.com

$(END)$ Dow Jones Newswires

August 18, 2022 12:17 ET (16:17 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2260538823"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2260538823\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2260538823?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-08-18 23:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2260538823","market":"us","top_or_hot":-1,"title":"Press Release: Turkcell Iletisim Hizmetleri: Second Quarter 2022 Results","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n   By Ed Frankl \n \n</pre>\n<p>\n  Turkcell Iletisim Hizmetleri AS said Thursday that second-quarter profit and revenue rose as subscriber numbers grew. \n</p>\n<p>\n  The Turkish telecoms company said quarterly net income increased to 1.86 billion Turkish lira ($103.6 million), from TRY1.11 billion in the same period last year. \n</p>\n<p>\n  Revenue rose 46% to TRY12.48 billion, as Turkcell Turkey added nearly 600,000 to its subscriber base in the three months to the end of June, reaching 40.6 million. \n</p>\n<p>\n  Ebitda rose 45% to TRY5.03 billion. \n</p>\n<p>\n  Turkcell now says it targets revenue growth above 40% for 2022 and earnings before interest, taxes, depreciation, and amortization of around TRY20 billion. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Ed Frankl at edward.frankl@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 18, 2022 12:17 ET (16:17 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: Turkcell Iletisim Hizmetleri: Second Quarter 2022 Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: Turkcell Iletisim Hizmetleri: Second Quarter 2022 Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-18 23:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n   By Ed Frankl \n \n</pre>\n<p>\n  Turkcell Iletisim Hizmetleri AS said Thursday that second-quarter profit and revenue rose as subscriber numbers grew. \n</p>\n<p>\n  The Turkish telecoms company said quarterly net income increased to 1.86 billion Turkish lira ($103.6 million), from TRY1.11 billion in the same period last year. \n</p>\n<p>\n  Revenue rose 46% to TRY12.48 billion, as Turkcell Turkey added nearly 600,000 to its subscriber base in the three months to the end of June, reaching 40.6 million. \n</p>\n<p>\n  Ebitda rose 45% to TRY5.03 billion. \n</p>\n<p>\n  Turkcell now says it targets revenue growth above 40% for 2022 and earnings before interest, taxes, depreciation, and amortization of around TRY20 billion. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Ed Frankl at edward.frankl@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 18, 2022 12:17 ET (16:17 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4132","symbol_name":"无线电信业务","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2260538823","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2260538823","pubTimestamp":1660837800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"By Ed Frankl \n \n\n\n  Turkcell Iletisim Hizmetleri AS said Thursday that second-quarter profit and rev","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4132":"无线电信业务","TKC":"土耳其移动通信"},"translate_title":"新闻稿：Turkcell Iletisim Hizmetleri：2022年第二季度业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TAS":1,"TKC":0.9},"content_text":"By Ed Frankl \n \n\n\n  Turkcell Iletisim Hizmetleri AS said Thursday that second-quarter profit and revenue rose as subscriber numbers grew. \n\n\n  The Turkish telecoms company said quarterly net income increased to 1.86 billion Turkish lira ($103.6 million), from TRY1.11 billion in the same period last year. \n\n\n  Revenue rose 46% to TRY12.48 billion, as Turkcell Turkey added nearly 600,000 to its subscriber base in the three months to the end of June, reaching 40.6 million. \n\n\n  Ebitda rose 45% to TRY5.03 billion. \n\n\n  Turkcell now says it targets revenue growth above 40% for 2022 and earnings before interest, taxes, depreciation, and amortization of around TRY20 billion. \n\n\n \n\n\n  Write to Ed Frankl at edward.frankl@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  August 18, 2022 12:17 ET (16:17 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}