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Altin Yunus í‡esme Turistik Tesisler Q2 loss widens 78.0% YOY

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Altin Yunus í‡esme Turistik Tesisler Q2 loss widens 78.0% YOY

4980700 said its normalized net income for the second quarter was a loss of 14 kurus per share, compared with a loss of 8 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 2.3 million lira, compared with a loss of 1.3 million lira in the year-earlier period.

The normalized profit margin fell to negative 71.8% from negative 27.5% in the year-earlier period.

Total revenue fell 31.9% year over year to 3.2 million lira from 4.7 million lira, and total operating expenses totaled 6.5 million lira, compared with 6.5 million lira in the year-earlier period.

eported net income totaled a loss of 3.6 million lira, Altin Yunus Çesme Turistik Tesisler AS.