Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Petkim Falls in Istanbul After Reporting First Quarter Loss

May 2 (Bloomberg) -- Petkim Petrokimya Holding AS, Turkey’s biggest chemicals maker, fell after reporting a first-quarter loss of 7.9 million liras ($4.5 million), missing estimates.

The shares retreated 1.4 percent to 2.06 liras at the close in Istanbul, slipping a second day to the lowest since Jan. 31.

The company was expected to earn 10.3 million liras, according to the average of seven analyst estimates compiled by Bloomberg. Petkim reported net income of 77.2 million liras in the first quarter last year.

To contact the reporter on this story: Benjamin Harvey in Istanbul at bharvey11@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.