trending Market Intelligence /marketintelligence/en/news-insights/trending/s6bf6Lfy5FHv6MNetxhGwg2 content esgSubNav
In This List

Isiklar Enerji ve Yapi Holding Q2 profit climbs YOY

Blog

Banking Essentials Newsletter: July 10th Edition

Blog

Investment Banking Essentials: July 10

Blog

AI in Action: Applications of ChatGPT for Textual Feature Extraction

Podcast

Next in Tech | Ep. 175: Metaverse Advances


Isiklar Enerji ve Yapi Holding Q2 profit climbs YOY

Isiklar Enerji ve Yapi Holding AS said its normalized net income for the second quarter amounted to 5.7 million lira, a rise from 1.4 million lira in the year-earlier period.

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

The normalized profit margin increased to 8.6% from 3.1% in the year-earlier period.

Total revenue climbed 49.3% on an annual basis to 65.5 million lira from 43.8 million lira, and total operating expenses climbed 46.4% from the prior-year period to 66.4 million lira from 45.4 million lira.

Reported net income came to a loss of 5.0 million lira, or a loss of 2 kurus per share, compared to income of 486,930 lira, or 0 kurus per share, in the prior-year period.

As of Aug. 18, US$1 was equivalent to 2.93 Turkish lira.