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Petrokent Turizm Q1 loss narrows YOY


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Petrokent Turizm Q1 loss narrows YOY

4980807 said its normalized net income for the first quarter came to a loss of 1.80 Turkish lira per share, compared with a loss of 2.05 lira per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 1.9 million lira, compared with a loss of 2.1 million lira in the prior-year period.

The normalized profit margin was 254.5%.

Total revenue climbed on an annual basis to 732,630 lira from 303,180 lira, and total operating expenses climbed 6.3% year over year to 3.4 million lira from 3.2 million lira.

eported net income totaled a loss of 2.4 million lira, Petrokent Turizm AS