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Turcas Petrol AS (IST:TRCAS) Research & Development : ₺0.00 Mil (TTM As of Mar. 2024)


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What is Turcas Petrol AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Turcas Petrol AS's Research & Development for the three months ended in Mar. 2024 was ₺0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ₺0.00 Mil.


Turcas Petrol AS Research & Development Historical Data

The historical data trend for Turcas Petrol AS's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Turcas Petrol AS Research & Development Chart

Turcas Petrol AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Turcas Petrol AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Turcas Petrol AS Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Turcas Petrol AS  (IST:TRCAS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Turcas Petrol AS Research & Development Related Terms

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Turcas Petrol AS (IST:TRCAS) Business Description

Traded in Other Exchanges
N/A
Address
Ahi Evran Street No: 6, Aksoy Plaza, 7th floor, Maslak, Istanbul, TUR, 34398
Turcas Petrol AS is an oil and energy focused investment company. It is engaged in fuel distribution and lubricants, conventional energy, and renewable energy fields in Turkey. The company is involved in the operation of Shell-branded fuel stations that offer fuel products and lubricants. The operating segments of the group are Oil, Electricity and Others. The products which are included in Oil segment are fuel products, lubricants and engine oil. The Electricity segment consists of power generation activity.

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