Turkish lira

Eldorado Gold Provides Update on First Quarter 2024 Tax Impacts in Turkiye; and Provides Conference Call Details

Retrieved on: 
Tuesday, April 9, 2024
PIN, Webcast, Eldorado Gold, El Dorado, Calendar, Turkish lira, Mining

VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) today provides the following updates on the tax impacts in Turkiye related to the weakening of the Turkish Lira in Q1 2024.

Key Points: 
  • VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) today provides the following updates on the tax impacts in Turkiye related to the weakening of the Turkish Lira in Q1 2024.
  • For the first quarter, the Company expects the Turkish current income tax expense on mining profits, at an enacted rate of 25%, to be further decreased by $9 to $12 million.
  • Eldorado will release its 2024 First Quarter Financial and Operational Results after the market closes on Thursday, April 25, 2024, and will host a conference call on Friday, April 26, 2024, at 11:30 AM ET (8:30 AM PT).
  • Upon registration, participants will receive a calendar invitation by email with dial in details and a unique PIN.

Eldorado Gold Provides Update on Tax Impacts in Turkiye Related to the Weakening Lira

Retrieved on: 
Friday, October 13, 2023
Mining, Turkish lira, Eldorado Gold, Lira, Depreciation, Life insurance, Efemçukuru

VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) today provides the following updates on the tax impacts in Turkiye related to the weakening of the Turkish Lira.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) today provides the following updates on the tax impacts in Turkiye related to the weakening of the Turkish Lira.
  • The Company’s profits from mining operations in Turkiye are taxed at the enacted rate and the resulting current income tax expense can be further increased or reduced by other items.
  • In the third quarter, the Company expects the Turkish current income tax expense on mining profits, at an enacted rate of 25%, to be decreased by up to $3 million.
  • As a result, an incremental current tax charge of approximately $6.2 million will be recognized in the three and nine months ended September 30, 2023.

Marti Reports 2023 First Half Results; Investing in Scaling Ride-Hailing

Retrieved on: 
Friday, October 13, 2023
Software, EV, Electric Vehicles, Automotive, Public Transport, Technology, Apps, Applications, IOT (Internet of Things), Transport, Investment, Data science, Marti, Consumer, NYSE, Engineering, MRT, Acquisition, Depreciation, EBITDA, Central Bank of Myanmar, Turkish lira, Central bank, Growth, Marketing, Policy, City, Airline, Ridesharing, Rail transport, Renewable energy

Following a highly successful pilot phase in Q4 2022, we established ride hailing as a new business line in the first half of 2023.

Key Points: 
  • Following a highly successful pilot phase in Q4 2022, we established ride hailing as a new business line in the first half of 2023.
  • These impressive numbers underscore the appeal of our services in the Turkish market, and we are further investing in scaling the business.
  • Following a successful pilot, Marti’s ride-hailing initiative was established as a new business line in the first half of 2023.
  • During the first half of 2023, Marti spent $2.5 million on strategic online and offline marketing initiatives.

Eldorado Gold Provides Update on Tax Impacts in Turkiye Related to the Weakening Lira; and Provides Conference Call Details

Retrieved on: 
Friday, July 7, 2023
Efemçukuru, Turkish lira, El Dorado, Lira, Mining, Eldorado Gold

VANCOUVER, British Columbia, July 07, 2023 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) today provides the following updates on the tax impacts in Turkiye related to the weakening of the Turkish Lira.

Key Points: 
  • VANCOUVER, British Columbia, July 07, 2023 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) today provides the following updates on the tax impacts in Turkiye related to the weakening of the Turkish Lira.
  • The Company’s profits from mining operations in Turkiye are taxed at an enacted rate of 20% and the resulting current income tax expense may be increased or reduced by other items.
  • In the second quarter, the Company expects the Turkish current income tax expense on mining profits to be higher by $5.5 to $6.5 million.
  • This increase is expected to be primarily related to the weakening of the Lira in the quarter and the resulting generation of taxable unrealized foreign exchange gains, partly offset by reductions related to the investment tax credit relating to Kisladag and Efemcukuru.

Turkish State-owned banks now works with CoinTR

Retrieved on: 
Thursday, June 29, 2023
Financial Crimes Investigation Board (Turkey), Partnership, Bettina Cointre, Turkish lira, Lira, Cryptocurrency, Ziraat Bank

To further enhance the platform's reliability and user experience, CoinTR Exchange has partnered with state-owned banks in Turkey, Ziraat Bank, and Vakıf Bank.

Key Points: 
  • To further enhance the platform's reliability and user experience, CoinTR Exchange has partnered with state-owned banks in Turkey, Ziraat Bank, and Vakıf Bank.
  • CoinTR is a cutting-edge cryptocurrency exchange that allows users to buy and sell a variety of cryptocurrencies using the Turkish Lira.
  • Customers of Ziraat Bank and Vakıf Bank can now make Turkish Lira deposits and withdrawals on CoinTR around the clock.
  • Therefore, CoinTR users can see that they are secure on the CoinTR Exchange, and their transactions are conducted reliably.

Bitget Launches Localized Website With Fiat Gateway For Turkish Users

Retrieved on: 
Monday, June 26, 2023
Bitcoin, Ethereum, TRY, ID, Language, BGB, Growth, Cryptocurrency, Bitget, USD, EUR, Turkish lira

VICTORIA, Seychelles, June 26, 2023 /PRNewswire/ -- Bitget , top crypto derivatives and copy trading platform , has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey.

Key Points: 
  • VICTORIA, Seychelles, June 26, 2023 /PRNewswire/ -- Bitget , top crypto derivatives and copy trading platform , has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey.
  • Bitget TR enables Turkish users to access Bitget's products and services through a localized portal tailored to their language and needs.
  • Local users will also have the ability to seamlessly trade on Bitget using the Turkish Lira (TRY) with the addition of a Fiat Gateway.
  • "The launch of Bitget TR enables us to provide localized, convenient, and compliant crypto services to users in Turkey," said Gracy Chen, Managing Director of Bitget.

Bitget Launches Localized Website With Fiat Gateway For Turkish Users

Retrieved on: 
Monday, June 26, 2023
Bitcoin, Ethereum, TRY, ID, Language, BGB, Growth, Cryptocurrency, Bitget, USD, EUR, Turkish lira

VICTORIA, Seychelles, June 26, 2023 /PRNewswire/ -- Bitget , top crypto derivatives and copy trading platform , has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey.

Key Points: 
  • VICTORIA, Seychelles, June 26, 2023 /PRNewswire/ -- Bitget , top crypto derivatives and copy trading platform , has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey.
  • Bitget TR enables Turkish users to access Bitget's products and services through a localized portal tailored to their language and needs.
  • Local users will also have the ability to seamlessly trade on Bitget using the Turkish Lira (TRY) with the addition of a Fiat Gateway.
  • "The launch of Bitget TR enables us to provide localized, convenient, and compliant crypto services to users in Turkey," said Gracy Chen, Managing Director of Bitget.

Marti Reports Solid Fourth Quarter 2022 Performance; Introduces Car-pooling Service Pilot

Retrieved on: 
Friday, May 26, 2023
Public Transport, Apps, Applications, Other Transport, Mobile, Wireless, Technology, Transport, Software, Other Travel, IOT (Internet of Things), Travel, Exercise, Maintenance, Regulation S-X, Operation, Marketing, Tax, Disclosure, Fleet, GAAP, Cyprus Securities and Exchange Commission, Incidence, Regulation, Turkish lira, EBITDA, Investment, Depreciation, Growth, City, Daou Technology Inc., Press release, Video game, Ridesharing, Cryptocurrency, Bookkeeping

Marti Technologies Inc. (“Marti” or the “Company”), Turkey’s leading mobility app, today announced its financial results for the fourth quarter of 2022.

Key Points: 
  • Marti Technologies Inc. (“Marti” or the “Company”), Turkey’s leading mobility app, today announced its financial results for the fourth quarter of 2022.
  • Marti Founder and Chief Executive Officer Alper Oktem said: “We are proud to have launched our car-pooling service in the fourth quarter of 2022, which is our first four-wheeled service offering and a complement to our existing two-wheeled offerings.
  • With the launch of our car-pooling service, Marti is now catering to a much larger customer base, in line with relative demand for four-wheeled vehicles.
  • General and administrative costs increased by 40% to $12.8 million compared to 2021 as team and marketing expenses increased primarily due to the introduction of our car-pooling service pilot.

EQS-News: AUSTRIAN POST: First-quarter revenue and earnings above prior year

Retrieved on: 
Friday, May 12, 2023
Pressure, Maintenance, Communication, Letter, Oregon Corporations Division, Advertising, Employment, Österreichische Post, International, Financial services, Post, North Bank Division, Parcel, Annual, COVID-19, Income tax, EBIT, Finance, Advertising mail, Internal labor market, Message broker, CAPEX, EBITDA, Retail, Turkish lira, Investment, Depreciation, Annual report, Fusion Global Business Solutions, Vehicle registration plates of Nepal, Paper, Growth, Consolidated, Environment, Bank, Mail, Food delivery, Pharmaceutical industry, Cargo, Tourism, Bookkeeping, Rail transport

The Mail Division reported a revenue increase of 3.3 %, whereas revenue of the Parcel & Logistics Division went up by 15.5 % and the Retail & Bank Division produced a revenue increase of 41.8 %.

Key Points: 
  • The Mail Division reported a revenue increase of 3.3 %, whereas revenue of the Parcel & Logistics Division went up by 15.5 % and the Retail & Bank Division produced a revenue increase of 41.8 %.
  • In the first quarter of 2023, Letter Mail & Business Solutions revenue amounted to EUR 198.2m, implying a year-on-year increase of 5.6 %.
  • International letter mail showed a stable revenue development against the backdrop of a volume decline, whereas the Business Solutions area developed positively.
  • Austrian Post still aims to generate earnings (EBIT) in 2023 at about the same level as last year.

Eldorado Provides 2023 Production and Cost Guidance and Outlines Five-Year Growth Profile; Achieving Approximately 700K Ounces of Gold Production in 2027

Retrieved on: 
Thursday, February 23, 2023
Parallel, Food, News, Gold, Zinc, Silver, Public expenditure, Workforce, Life, François-Charles de Bourlamaque, Triangle, Engineering, Mining, El Dorado, Electricity, Copper, Olympias, Turkish lira, Sale, Lead, Facility, Uranium mining, Skouries mine, Efemçukuru

To support our workforce with the rising costs of food and electricity, approximately half of the adjustment was provided in mid-2022 with the remaining provided in January 2023.

Key Points: 
  • To support our workforce with the rising costs of food and electricity, approximately half of the adjustment was provided in mid-2022 with the remaining provided in January 2023.
  • In 2023, Kisladag is expected to mine and place on leach approximately 12.5 to 13.0 million tonnes of ore at an average gold grade of 0.70 to 0.75 grams per tonne.
  • Planned 2023 sustaining capital of $14 to $19 million is primarily related to equipment overhauls and processing improvements.
  • Spending at Perama Hill during the year is forecast to be less than $1 million, attributed to mine stand-by costs.