Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TRY 20,472.19 million compared to TRY 12,889.8 million a year ago. Net loss was TRY 616.27 million compared to net income of TRY 788.17 million a year ago. Basic loss per share from continuing operations was TRY 1.84 compared to basic earnings per share from continuing operations of TRY 2.35 a year ago.
For the six months, sales was TRY 37,387.29 million compared to TRY 24,630.68 million a year ago. Net loss was TRY 680 million compared to net income of TRY 1,260.33 million a year ago. Basic loss per share from continuing operations was TRY 2.03 compared to basic earnings per share from continuing operations of TRY 3.76 a year ago.