Edition:
United Kingdom

Aygaz AS (AYGAZ.IS)

AYGAZ.IS on Istanbul Stock Exchange

9.89TRY
20 Aug 2019
Change (% chg)

0.39TL (+4.11%)
Prev Close
9.50TL
Open
9.54TL
Day's High
9.92TL
Day's Low
9.49TL
Volume
455,314
Avg. Vol
279,524
52-wk High
13.51TL
52-wk Low
8.21TL

Latest Key Developments (Source: Significant Developments)

Aygaz Q2 Net Profit Down At 120.7 Million Lira
Wednesday, 7 Aug 2019 

Aug 8 (Reuters) - AYGAZ ::SAID ON WEDNESDAY Q2 REVENUE 2.74 BILLION LIRA VERSUS 2.22 BILLION LIRA YEAR AGO.Q2 NET PROFIT 120.7 MILLION LIRA VERSUS 148.3 MILLION LIRA YEAR AGO.  Full Article

Aygaz Signs Agreement To Acquire 50 Pct Of United LPG For 50 Mln Taka From United Enterprises & Co
Tuesday, 5 Mar 2019 

March 5 (Reuters) - AYGAZ AS ::SIGNS SHARE PURCHASE AGREEMENT WHERE AYGAZ ('BUYER') SHALL BUY 50% OF THE SHARES (‘SALES SHARES') OF UNITED LPG.SIGNS SHARE PURCHASE AGREEMENT WITH UNITED ENTERPRISES & CO. LTD. WITH TOTAL VALUE OF 50,000,000 TAKA (APPROXIMATELY 625,000 USD).REGARDING INVESTMENTS IN FIRST FOUR YEARS, CAPITAL INCREASE OF $75 MILLION AND $80 MILLION LONG-TERM BANK LOAN FINANCING AT MOST ARE ENVISAGED.INVESTMENTS SHALL BE MADE IN PARALLEL WITH THE MARKET AND SALES DEVELOPMENTS AND IN PROPORTION OF THE SHARES OF THE PARTIES.NEW JOINT VENTURE COMPANY TO OPERATE IN LPG SUPPLY, FILLING AND DISTRIBUTION IN THE BANGLADESH MARKET.IF CONDITIONS PRECEDENTS SET FORTH IN THE CONTRACT CANNOT BE COMPLETED BY MARCH 31, 2020, CONTRACT WILL BE TERMINATED AUTOMATICALLY.  Full Article

Aygaz Proposes To Pay Cash Div. At Net 1,09 Lira Per Share On March 28
Thursday, 21 Feb 2019 

Feb 22 (Reuters) - AYGAZ ::SAID ON THURSDAY HAS PROPOSED TO PAY CASH DIVIDEND AT GROSS 1,29 LIRA PER SHARE AND NET 1,09 LIRA PER SHARE ON MARCH 28 .  Full Article

Aygaz FY Net Profit Decreases To 228.4 Million Lira YoY
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - AYGAZ AS ::FY NET PROFIT OF 228.4 MILLION LIRA VERSUS 577.0 MILLION LIRA YEAR AGO.FY REVENUE OF 9.55 BILLION LIRA VERSUS 8.47 BILLION LIRA YEAR AGO.  Full Article

Aygaz Decides To Open A Branch For Trading In London To Follow Opportunities In International Markets More Closely
Monday, 7 Jan 2019 

Jan 7 (Reuters) - AYGAZ AS ::DECIDES TO OPEN A BRANCH FOR TRADING IN LONDON TO FOLLOW OPPORTUNITIES IN INTERNATIONAL MARKETS MORE CLOSELY.  Full Article

Aygaz Says It Is Decided To Abolish Discount Applied To Akfel After Price Revision Arbitration Process Initiated By Gazprom Export
Friday, 7 Dec 2018 

Dec 7 (Reuters) - AYGAZ AS ::PRICE REVISION ARBITRATION PROCESS INITIATED BY GAZPROM EXPORT LLC (GAZPROM), WHICH AKFEL HAS IMPORTED NATURAL GAS, WAS CONCLUDED AGAINST AKFEL.IT WAS DECIDED THAT IMPORT PRICE WOULD BE ADJUSTED IN FAVOR OF GAZPROM WITH EFFECT FROM 1.1.2017 AND IN THIS CONTEXT, IT WAS DECIDED TO ABOLISH THE DISCOUNT APPLIED TO AKFEL.SINCE PRICE REVISION WILL BE MADE AS OF THE DATE OF 1.1.2017, ADDITIONAL COST CALCULATED FOR PAST IS ESTIMATED TO BE APPROXIMATELY $35 MILLION.WORKS HAVE BEEN STARTED FOR ALL KINDS OF REMEDIES INCLUDING LITIGATION AND ARBITRATION RIGHTS IN ORDER TO ELIMINATE THE COST.  Full Article

Aygaz To Issue Debt Instruments Up To 300 Million Lira Domestically
Friday, 16 Nov 2018 

Nov 16 (Reuters) - AYGAZ AS ::TO ISSUE DEBT INSTRUMENTS UP TO 300 MILLION LIRA DOMESTICALLY.TO ISSUE DEBT INSTRUMENTS TO QUALIFIED INVESTOR THROUGH PRIVATE PLACEMENT.  Full Article

Aygaz Q2 Net Profit Down At 148.3 Million Lira YoY
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - AYGAZ AS ::Q2 REVENUE OF 2.22 BILLION LIRA VERSUS 1.88 BILLION LIRA YEAR AGO.Q2 NET PROFIT OF 148.3 MILLION LIRA VERSUS 168.5 MILLION LIRA YEAR AGO.  Full Article

Aygaz Q1 Net Profit Down At 55.4 Million Lira
Wednesday, 9 May 2018 

May 9 (Reuters) - AYGAZ AS ::Q1 NET PROFIT OF 55.4 MILLION LIRA VERSUS 157.5 MILLION LIRA YEAR AGO.Q1 REVENUE OF 2.06 BILLION LIRA VERSUS 2.07 BILLION LIRA YEAR AGO.  Full Article

Aygaz unit Entek Elektrik wins tender worth 1.28 bln lira for hydroelectric plants
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - AYGAZ ::ITS 49.62 PERCENT UNIT ENTEK ELEKTRIK WINS TENDER WORTH 1.28 BILLION LIRA FOR HYDROELECTRIC PLANTS.  Full Article

Brazil's Petrobras receives bids for LPG unit on Tuesday - sources

SAO PAULO, June 10 Brazil's state-controlled oil company Petroleo Brasileiro SA has delayed the delivery of non-binding proposals for its LPG unit to June 11, three people with knowledge of the matter said.