Turkish Petroleum Refineries FY06 Net Profit Rises

Turkish Petroleum Refineries FY06 Net Profit Rises

Turkish Petroleum Refineries Corp. (TPRD.L) reported after tax net profit of US$575.0 million in 2006 compared to US$507.6 million in the previous year. Net sales increased to US$14.1 billion from US$11.1 billion a year ago.

Net operating profit was US$584.9 million compared to US$615.4 million last year.

While domestic sales for the year were US$11.0 billion, exports 3.1 billion and other sales came in at US$5.9 million.

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