trending Market Intelligence /marketintelligence/en/news-insights/trending/Dz9ua77SJyBKCJZcoIUj3w2 content esgSubNav
In This List

Bosch Fren Sistemleri Q2 profit falls YOY


Supplier Risk Indicator™

Case Study

A European Bank Leverages an AIF Scorecard to Help Meet Basel Regulatory Requirements


Private Markets 360 | Episode 6: Benchmarking private investment performance

Case Study

Powering the markets of the future with data and AI

Bosch Fren Sistemleri Q2 profit falls YOY

Bosch Fren Sistemleri Sanayi ve Ticaret AS said its second-quarter normalized net income came to 88 kurus per share, a decrease of 11.5% from 99 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 2.2 million lira, a decrease of 11.4% from 2.5 million lira in the year-earlier period.

The normalized profit margin declined to 8.5% from 11.4% in the year-earlier period.

Total revenue climbed 18.8% year over year to 26.0 million lira from 21.9 million lira, and total operating expenses increased 25.1% from the prior-year period to 22.6 million lira from 18.1 million lira.

Reported net income fell 8.0% on an annual basis to 2.9 million lira, or 1.18 lira per share, from 3.2 million lira, or 1.28 lira per share.

As of Aug. 2, US$1 was equivalent to 2.99 Turkish lira.