trending Market Intelligence /marketintelligence/en/news-insights/trending/KoqXyCR7ZySW7gFmCNP84g2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Esem Spor Giyim swings to loss in Q2

Blog

Understanding the Basics of Social Housing Providers and Associations (SHPAs)

Blog

Tech in Banking: An Age of Digital Disruption

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021


Esem Spor Giyim swings to loss in Q2

Esem Spor Giyim Sanayi Ve Ticaret AS said its second-quarter normalized net income came to 26,990 lira, compared with income of 129,890 lira in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to negative 0.3% from 2.5% in the year-earlier period.

Total revenue grew 58.7% on an annual basis to 8.3 million lira from 5.2 million lira, and total operating expenses grew 54.5% on an annual basis to 8.2 million lira from 5.3 million lira.

Reported net income totaled a loss of 29,820 lira, compared with income of 170,870 lira in the year-earlier period.

As of Aug. 19, US$1 was equivalent to 2.94 Turkish lira.