Tag: Tupras

US Lazard increased its stake in TUPRAS – Turkey, 8 June 2018

US company Lazard Asset Management increased its stake in Turkish oil refiner TUPRAS from 4.77 % to 5.38 %. The statement from TUPRAS said that Lazard Asset Management completed the purchase of 1.5 million shares of the company and that the transaction has been realized based on the share price of 23.23 dollars. Full article […]

Tupras invested 5.9 billion dollars in the last 12 years – Turkey, 23 March 2018

Chairman of Koc Holding and Tupras Omer Koc said that in the last 12 years, total investments in Turkey’s largest oil refinery Tupras amounted to some 5.9 billion dollars. Koc said that 2017 was a positive year when the margins recovered in the general sense in terms of the refining sector. He explained that despite […]

TUPRAS recorded 235 % higher net profit in Q3 2017 – Turkey, 10 November 2017

Turkish oil refiner TUPRAS announced that its net profit increased by 235 % in the third quarter of 2017 compared to the same period last year. The company’s financial report shows that its sales revenues increased to 10.1 billion dollars in the July-September 2017 period, while its net profit rose to 860 million dollars in […]