trending Market Intelligence /marketintelligence/en/news-insights/trending/ix1OA13sqegpxjDdd7yYyw2 content esgSubNav
In This List

Fenerbahe Futbol fiscal Q3 loss narrows YOY

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


Fenerbahe Futbol fiscal Q3 loss narrows YOY

Fenerbahçe Futbol A.S. said its normalized net income for the fiscal third quarter ended Feb. 29 was a loss of 35 kurus per share, compared with a loss of 1.68 lira 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 8.7 million lira, compared with a loss of 41.9 million lira in the year-earlier period.

The normalized profit margin climbed to negative 6.0% from negative 51.8% in the year-earlier period.

Total revenue rose 77.3% on an annual basis to 143.4 million lira from 80.9 million lira, and total operating expenses increased 25.5% year over year to 144.9 million lira from 115.5 million lira.

Reported net income came to a loss of 13.9 million lira, or a loss of 56 kurus per share, compared to a loss of 66.9 million lira, or a loss of 2.67 lira per share, in the prior-year period.

As of April 11, US$1 was equivalent to 2.83 Turkish lira.