trending Market Intelligence /marketintelligence/en/news-insights/trending/mhEsBu4hszxoNTpeU2-H4A2 content esgSubNav
In This List

Besiktas Futbol Yatirimlari fiscal Q2 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


Besiktas Futbol Yatirimlari fiscal Q2 loss narrows YOY

Besiktas Futbol Yatirimlari Sanayi ve Ticaret A.S. said its normalized net income for the fiscal second quarter ended Nov. 30, 2015, was a loss of 2 kurus per share, compared with a loss of 5 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 a loss of 4.9 million lira, compared with a loss of 13.0 million lira in the prior-year period.

The normalized profit margin increased to negative 5.3% from negative 19.9% in the year-earlier period.

Total revenue rose 41.9% on an annual basis to 92.7 million lira from 65.3 million lira, and total operating expenses increased 28.6% on an annual basis to 91.3 million lira from 71.0 million lira.

Reported net income totaled a loss of 7.9 million lira, or a loss of 3 kurus per share, compared to a loss of 20.7 million lira, or a loss of 9 kurus per share, in the prior-year period.

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