Turkish energy exchange EPIAS saw its net income increase year-on-year by around 18 percent in 2018, according to its financial results report released Wednesday.
EPIAS said its net income rose 18.34 percent to reach approximately 46.9 million Turkish liras last year, from 39.71 million liras in 2017, according to Turkish tax procedure law (VUK) calculations.
Net sales jumped by 55 percent to 63.82 billion liras for the full year of 2018, from 41.17 billion liras in 2017.
EPIAS' total assets, including market transactions, were 1.61 billion liras in 2017, and this grew by 114.12 percent to reach 3.45 billion liras by the end of 2018.
In 2017, the company's equities stood at 125.57 million liras, which climbed by 34.25 percent to 168.58 million liras in 2018.
EPIAS said in the report that Turkey's installed electricity capacity increased by 3,325 megawatts (MW) from 2017 to reach 88,526 MW in 2018.
1 Turkish lira = US$0.1858
By Ovunc Kutlu and Firdevs Yuksel