Enka Insaat ve Sanayi A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 11:19 am EST
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Enka Insaat ve Sanayi A.S. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TRY 20,197.87 million compared to TRY 7,882.72 million a year ago. Net income was TRY 1,872.85 million compared to TRY 1,143.03 million a year ago. Basic earnings per share from continuing operations was TRY 0.32 compared to TRY 0.2 a year ago.
For the nine months, sales was TRY 44,243.67 million compared to TRY 16,132.44 million a year ago. Net loss was TRY 3,104.34 million compared to net income of TRY 4,330.97 million a year ago. Basic loss per share from continuing operations was TRY 0.53 compared to basic earnings per share from continuing operations of TRY 0.74 a year ago.
ENKA Insaat ve Sanayi AS is a Turkey-based company, which is mainly engaged in the construction sector. The Company operates under the following business segments: Construction, Rental, Energy and Trading and Manufacturing. ENKA Insaat ve Sanayi AS operates in: Turkey, engaged in diverse types of construction activities including construction of industrial and social buildings, motorways and construction and operation of natural gas fired electrical energy generation facilities; Russian Federation, Georgia, Turkmenistan and Kazakhstan, engaged in construction activities and also in investment and development of real estate properties and shopping malls in Moscow, Russia; engaged in construction activities in Gabon, Djibouti, Mauritania and Equatorial Guinea in Africa, Saudi Arabia, Oman, Iraq and Afghanistan in Asia and also in Dominican Republic, as well as in Europe, engaged in construction and trading activities in Romania, the Netherlands, Switzerland, Germany and Kosovo.
ENKA INSAAT VE SANAYI 
