Enka İnşaat announced net profit above market expectations

Enka İnşaat reported its financial results for the third quarter to the Public Disclosure Platform.

Enka İnşaat announced a net profit of 3.8 billion TL in the third quarter, a 100 percent increase compared to the same period last year. The company made a net profit of 1.9 billion TL in the same period last year.

The expectation of the markets was that the company would announce a profit of approximately 3.5 billion TL in this period.

The company announced a revenue of 23.3 billion TL in the third quarter, an increase of 15 percent compared to the same period last year. The company earned 20.2 billion TL in revenue in the same period last year. The company's revenue increased by 15 percent on an annual basis and by 56 percent compared to the previous quarter.