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Mish Dekorasyon Sanayi ve Ticaret Q3 loss narrows YOY

Mish Dekorasyon Sanayi ve Ticaret AS said its third-quarter normalized net income came to a loss of 2 kurus per share, compared with a loss of 6 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 354,060 lira, compared with a loss of 1.4 million lira in the prior-year period.

Reported net income totaled a loss of 566,500 lira, or a loss of 2 kurus per share, compared to a loss of 2.2 million lira, or a loss of 10 kurus per share, in the year-earlier period.

As of Nov. 9, US$1 was equivalent to 3.23 Turkish lira.