trending Market Intelligence /marketintelligence/en/news-insights/trending/zh0QFRkKN0dL4hLz6A9tCw2 content esgSubNav
In This List

Dagi Giyim Sanayi ve Ticaret Q2 profit falls YOY

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks


MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Global M&A by the Numbers Q4 2023


Banking Essentials Newsletter 21st February Edition

Dagi Giyim Sanayi ve Ticaret Q2 profit falls YOY

Dagi Giyim Sanayi ve Ticaret AS said its normalized net income for the second quarter came to 331,670 lira, a decrease of 75.6% from 1.4 million 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 dropped to 1.7% from 4.2% in the year-earlier period.

Total revenue decreased 38.6% year over year to 19.9 million lira from 32.4 million lira, and total operating expenses declined 37.9% year over year to 18.1 million lira from 29.2 million lira.

Reported net income declined 83.8% year over year to 276,100 lira, or 1 kurus per share, from 1.7 million lira, or 4 kurus per share.

As of Aug. 8, US$1 was equivalent to 2.98 Turkish lira.