Petkim posted TL1,495mn net income in 3Q22, higher than our estimate of TL708mn and consensus estimate of TL1,006mn.
The company posted TL687mn EBITDA in 3Q22, lower than our estimate of TL819mn
The company’s EBITDA/ton declined to US$56 in 3Q22 (ATA Est: US$70) from US$120 in 2Q22.
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