Business

PETKM: Net loss of TRY 3.34 billion on revenue of TRY 38.6 billion, with port subsidiary divested

PETKM: Net loss of TRY 3.34 billion on revenue of TRY 38.6 billion, with port subsidiary divested

Petkim Petrokimya Holding Anonim SirketiAugust 6, 20253
PETKM: Net loss of TRY 3.34 billion on revenue of TRY 38.6 billion, with port subsidiary divested

About this update from Petkim Petrokimya Holding Anonim Sirketi

Revenue fell to TRY 38.6 billion and a net loss of TRY 3.34 billion was recorded for H1 2025, driven by lower sales and higher costs. The port subsidiary was sold, and a major modernization plan is underway. Financial covenants required a waiver due to a net debt/EBITDA breach.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Petkim Petrokimya Holding Anonim Sirketi