trending Market Intelligence /marketintelligence/en/news-insights/trending/IWAK8jdVF88zAPhFMjTboA2 content esgSubNav
In This List

Galatasaray Sportif swings to profit in fiscal Q2

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

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

Blog

Using ESG Analysis to Support a Sustainable Future


Galatasaray Sportif swings to profit in fiscal Q2

Galatasaray Sportif Sinai ve Ticari Yatirimlar A.S. said its normalized net income for the fiscal second quarter ended Nov. 30, 2015, was 1.11 Turkish lira per share, compared with a loss of 45 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 24.0 million lira, compared with a loss of 9.7 million lira in the year-earlier period.

The normalized profit margin climbed to 15.8% from negative 10.1% in the year-earlier period.

Total revenue increased 61.5% year over year to 155.7 million lira from 96.4 million lira, and total operating expenses rose 15.8% on an annual basis to 115.2 million lira from 99.5 million lira.

Reported net income totaled 38.4 million lira, or 1.78 lira per share, compared to a loss of 24.7 million lira, or a loss of 1.14 lira per share, in the year-earlier period.

As of Jan. 19, US$1 was equivalent to 3.04 Turkish lira.