trending Market Intelligence /marketintelligence/en/news-insights/trending/6wsRu0VtkijLp-JzdwlRSg2 content esgSubNav
In This List

Ditas Dogan Yedek Parça swings to loss in Q2

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

Expand Your Perspective: Innovation

Blog

Optimism abounds in Indian online video industry


Ditas Dogan Yedek Parça swings to loss in Q2

Ditas Dogan Yedek Parça Imalat ve Teknik AS said its normalized net income for the second quarter amounted to a loss of 2 kurus per share, compared with 10 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 a loss of 155,670 lira, compared with income of 981,900 lira in the prior-year period.

The normalized profit margin declined to negative 1.0% from 5.0% in the year-earlier period.

Total revenue declined 17.8% year over year to 16.2 million lira from 19.7 million lira, and total operating expenses declined 8.3% from the prior-year period to 17.0 million lira from 18.6 million lira.

Reported net income came to a loss of 143,320 lira, or a loss of 1 kurus per share, compared to income of 1.2 million lira, or 12 kurus per share, in the prior-year period.

As of Aug. 11, US$1 was equivalent to 2.95 Turkish lira.