trending Market Intelligence /marketintelligence/en/news-insights/trending/5-98zF8kiSgFVp_N0VTBBQ2 content esgSubNav
In This List

Etiler Gida Ve Ticari Yatirimlar swings to profit in Q2

Podcast

Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire

Blog

The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges

Blog

A Sustainability Framework for Customer and Supplier Credit Risk Management

Video

Lithium Import


Etiler Gida Ve Ticari Yatirimlar swings to profit in Q2

Etiler Gida Ve Ticari Yatirimlar Sanayi Ve TAS said its second-quarter normalized net income came to 4 kurus per share, compared with a loss of 8 kurus per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 535,950 lira, compared with a loss of 925,430 lira in the year-earlier period.

The normalized profit margin climbed to 127.1% from negative 250.5% in the year-earlier period.

Total revenue came to 431,610 lira.

Reported net income came to 845,460 lira, or 7 kurus per share, compared to a loss of 1.5 million lira, or a loss of 13 kurus per share, in the year-earlier period.

As of July 30, US$1 was equivalent to 2.79 Turkish lira.