trending Market Intelligence /marketintelligence/en/news-insights/trending/EUapu1ire45T1gaVRl9pEQ2 content esgSubNav
In This List

Ditas Dogan Yedek Parça Q1 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Ditas Dogan Yedek Parça Q1 profit falls YOY

Ditas Dogan Yedek Parça Imalat ve Teknik AS said its normalized net income for the first quarter amounted to 6 kurus per share, a decline of 71.0% from 22 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 631,890 lira, a decrease of 71.0% from 2.2 million lira in the year-earlier period.

The normalized profit margin declined to 3.5% from 13.2% in the year-earlier period.

Total revenue grew 9.7% year over year to 18.2 million lira from 16.6 million lira, and total operating expenses grew 32.0% year over year to 17.6 million lira from 13.3 million lira.

Reported net income declined 74.5% on an annual basis to 682,150 lira, or 7 kurus per share, from 2.7 million lira, or 27 kurus per share.

As of May 6, US$1 was equivalent to 2.70 Turkish lira.