Kordsa Teknik Tekstil A.S. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TRY 5,012.37 million compared to TRY 4,638.68 million a year ago. Net loss was TRY 83.13 million compared to net income of TRY 363.32 million a year ago. Basic loss per share from continuing operations was TRY 0.427 compared to basic earnings per share from continuing operations of TRY 1.874 a year ago. Diluted loss per share from continuing operations was TRY 0.427 compared to diluted earnings per share from continuing operations of TRY 1.868 a year ago.
For the six months, sales was TRY 10,206.46 million compared to TRY 8,799.01 million a year ago. Net loss was TRY 49.39 million compared to net income of TRY 780.57 million a year ago. Diluted loss per share from continuing operations was TRY 0.254 compared to diluted earnings per share from continuing operations of TRY 4.013 a year ago.