Saturday, May 21, 2022

The 33 Largest Turkish Cos With Stock Market Caps Above US $1 Bil Generated Total 2021 Bottom-Line Profits Which Were Up By an Off-the-Charts 158% From the Pre-Covid Pandemic Year of 2019. In Comparison, Turkey's Average Annual Inflation Rate Increased By a Substantially Lower 12.3% in Annual 2020 and 19.6% in Annual 2021. These Turkish Companies' Most Recent Two-Year Profit Growth of 158% Even Far Exceeded That Profit Growth of Both Finland's (+52%) and Sweden's (+39%). It's Pretty Clear That These Turkish Companies Have Done an Incredible Job in the Two Most Recent Years of Very Astutely Handling the Huge Negative Economic Effects of Both the Covid Pandemic and of the Very High Turkish Inflation.

From a review of the value.today/headquarters/turkey website, of the companiesmarketcaps/turkey website, of the topforeignstocks/turkey.com website, of the Turkish Companies in the Turkey BIST 100 Index, of the Turkish Companies on the Instabul Stock Exchange, of the Google Finance and Yahoo Finance websites, of the WSJ Markets website, and of the investing.com website, there were 33 Companies headquartered in Turkey with stock market caps above US$ 1 bil recently and that reported their Profits in all of the most recent three fiscal years 2021, 2020 and 2019. 

The table below shows the Consolidated Net Profit (Loss) from continuing operations for fiscal years 2021, 2020 and 2019 for each of these 33 Turkish Companies which all reported their profit information in Turkish Liras (TRYs).