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TRKNY Turk Telekomunikasyon (PK)

3.04
0.00 (0.00%)
19 Aug 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Turk Telekomunikasyon (PK) USOTC:TRKNY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 3.04 2.77 3.21 0.00 21:30:20

Turk Telekom Sees 5%-7% Rise in Consolidated Revenue in 2013

08/02/2013 8:38am

Dow Jones News


Turk Telekomunikasyon (PK) (USOTC:TRKNY)
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ISTANBUL--Turk Telekomunikasyon AS (TTKOM.IS) said late Thursday it expects consolidated revenue to increase by 5%-7% in 2013 compared with the previous year.

The company expects its consolidated earnings before interest, tax, depreciation and amortization, or EBITDA to reach TRY5.1 billion-TRY5.3 billion ($2.87 billion-$2.99 billion) in 2013 and consolidated investment spending to be around TRY2.2 billion in 2013, it said in a statement to the Istanbul Stock Exchange.

For full-year 2012 Turk Telekom's net profit rose 28% to TRY2.64 billion from TRY2.068 billion. Full-year income from sales rose to TRY12.7 billion from TRY11.94 billion.

Turk Telekom, which is controlled by Dubai-based Oger Telecom, listed on the Istanbul Stock Exchange in May 2008.

Write to Yeliz Candemir at yeliz.candemir@dowjones.com

Order free Annual Report for Türk Telekomünikasyon AS

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