Garanti Faktoring A.S. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was TRY 359.02 million compared to TRY 168.73 million a year ago. Net income was TRY 99.66 million compared to TRY 30.93 million a year ago. Basic earnings per share from continuing operations was TRY 1.2536 compared to TRY 0.3891 a year ago.
For the nine months, revenue was TRY 870.14 million compared to TRY 453.99 million a year ago. Net income was TRY 234.91 million compared to TRY 95.93 million a year ago. Basic earnings per share from continuing operations was TRY 2.9549 compared to TRY 1.2066 a year ago.