trending Market Intelligence /marketintelligence/en/news-insights/trending/TK1vCD2KalpUXIz4VhhNyw2 content esgSubNav
In This List

Esem Spor Giyim swings to profit in Q1

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Esem Spor Giyim swings to profit in Q1

Esem Spor Giyim Sanayi Ve Ticaret AS said its first-quarter normalized net income came to 180,660 lira, compared with a loss of 98,780 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 2.1% from negative 1.6% in the year-earlier period.

Total revenue increased 33.5% year over year to 8.4 million lira from 6.3 million lira, and total operating expenses increased 28.2% year over year to 8.3 million lira from 6.4 million lira.

Reported net income totaled 244,590 lira, compared with a loss of 45,840 lira, or a loss of 0 kurus per share, in the prior-year period.

As of May 11, US$1 was equivalent to 2.69 Turkish lira.