NATURELGAZ INCREASES FIRST-HALF SALES VOLUME BY 25% NET PROFIT APPROACHES TRY 429 MILLION
Naturelgaz, operating in the transported natural gas market, announced its financial results for the first half of 2025. Sales volume increased by 25% year-on-year to 195 million Sm³. Improvements in operational efficiency and effective cost management supported a 40% increase in EBITDA to TRY 871.7 million, while net profit rose by 311% to TRY 428.9 million.
Evaluating the Company’s financial and operational performance for the first half of 2025, Naturelgaz General Manager Hasan Tahsin Turan said: “As of the first half of the year, we increased our sales volume by 25% to 195 million Sm³; thanks to our efficiency-focused investments, we maintained our strong and stable financial performance.”
Naturelgaz delivered a strong performance in the financial results it announced for the first half of 2025. During this period, the Company increased its sales volume by 25% compared to the same period last year, reaching 195 million Sm³. Thanks to cost optimization and increased efficiency in operational processes, EBITDA rose 40% to TRY 871.7 million. Net profit increased by 311% to TRY 428.9 million, while profit before tax rose 303% to TRY 735.4 million. Revenues grew 16% to TRY 3,662 million.
In the city gas business line, the Company served 132 districts and towns as of the end of 2024; with some districts transitioning to pipeline gas and newly won tenders, this number stood at 126 districts and towns at the end of the first half of 2025. Nevertheless, the sales volume of the Company’s city gas business line continued to grow, driven by the increase in subscribers.
‘We will resolutely continue our sustainable growth strategies’
Evaluating the Company’s financial and operational performance for the first half of 2025, Naturelgaz General Manager Hasan Tahsin Turan said: “We further strengthened our strong position in the transported natural gas market in the first half of the year. We increased our sales volume by 25 percent compared to the same period last year, reaching 195 million Sm³. We supported this growth with our efficiency-focused investments and effective cost management. Thanks to improvements in operational efficiency, we raised our EBITDA by 40 percent to TRY 871.7 million and our net profit by 311% to TRY 428.9 million. This strong financial performance is a clear indication that we are resolutely advancing toward our sustainable growth targets. In addition, in July we completed and commissioned our solar power plant (SPP) project in Muş. This investment will enable us to achieve significant savings in energy costs and will contribute to our operational efficiency. We will see the impact of this investment in our financial results in the coming period.”
