Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TRY 24,414.63 million compared to TRY 14,471.67 million a year ago. Net income was TRY 1,149.4 million compared to net loss of TRY 301.26 million a year ago. Basic earnings per share from continuing operations was TRY 3.43 compared to basic loss per share from continuing operations of TRY 0.9 a year ago.
For the nine months, sales was TRY 61,801.92 million compared to TRY 39,102.35 million a year ago. Net income was TRY 469.41 million compared to TRY 959.06 million a year ago. Basic earnings per share from continuing operations was TRY 1.4 compared to TRY 2.86 a year ago.