trending Market Intelligence /marketintelligence/en/news-insights/trending/DoH9t1UudhRiw2U_7_xa1w2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Yatas Q2 profit climbs 64.8% YOY

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining


Yatas Q2 profit climbs 64.8% YOY

Yatas Yatak Ve Yorgan Sanayi Ticaret AS said its second-quarter normalized net income came to 9 kurus per share, an increase of 65.7% from 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 3.7 million lira, a gain of 64.8% from 2.2 million lira in the year-earlier period.

The normalized profit margin rose to 2.9% from 2.6% in the year-earlier period.

Total revenue rose 46.6% year over year to 127.1 million lira from 86.7 million lira, and total operating expenses increased 48.7% on an annual basis to 116.9 million lira from 78.6 million lira.

Reported net income rose 38.7% on an annual basis to 3.9 million lira, or 9 kurus per share, from 2.8 million lira, or 7 kurus per share.

As of Aug. 18, US$1 was equivalent to 2.93 Turkish lira.