trending Market Intelligence /marketintelligence/en/news-insights/trending/VxeHLz0Ep1g8KmbfYBwZCQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Carrefoursa swings to loss in Q4

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Corporate Credit Risk Trends in Developing Markets: A Probability of Default Perspective


Carrefoursa swings to loss in Q4

4912458 said its normalized net income for the fourth quarter amounted to a loss of 8 kurus per share, compared with 5 kurus per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 57.2 million lira, compared with income of 36.9 million lira in the prior-year period.

The normalized profit margin declined to negative 4.9% from 4.5% in the year-earlier period.

Total revenue grew 42.4% on an annual basis to 1.18 billion lira from 829.4 million lira, and total operating expenses rose 48.5% on an annual basis to 1.22 billion lira from 822.4 million lira.

Reported net income totaled a loss of 92.8 million lira, or a loss of 13 kurus per share, compared to income of 90.6 million lira, or 13 kurus per share, in the year-earlier period.

For the year, the company's normalized net income totaled a loss of 2 kurus per share, compared with 7 kurus per share in the prior year.

Normalized net income was a loss of 13.4 million lira, compared with income of 46.1 million lira in the prior year.

Full-year total revenue increased 25.8% from the prior-year period to 3.93 billion lira from 3.13 billion lira, and total operating expenses increased 29.8% on an annual basis to 3.97 billion lira from 3.06 billion lira.

he company said reported net income totaled a loss of CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S.