trending Market Intelligence /marketintelligence/en/news-insights/trending/zIejqUxyqeUIF9tsdIderA2 content esgSubNav
In This List

Anel TelekomŸnikasyon swings to loss in Q1


Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Case Study

A PE Firm Capitalizes on Market Opportunities with Robust Data and Analytics


MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services

Anel TelekomŸnikasyon swings to loss in Q1

Anel Telekomünikasyon Elektronik Sistemleri Sanayi ve Ticaret A.S. said its normalized net income for the first quarter came to a loss of 170,190 lira, compared with income of 432,160 lira in the prior-year period.

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

Total revenue declined 92.8% on an annual basis to 5,500 lira from 76,620 lira, and total operating expenses grew year over year to 824,150 lira from 274,870 lira.

Reported net income totaled a loss of 276,500 lira, or a loss of 1 kurus per share, compared to income of 1.3 million lira, or 3 kurus per share, in the prior-year period.

As of May 10, US$1 was equivalent to 2.94 Turkish lira.