Akin Tekstil Anonim Sirketi reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TRY 276.49 million compared to TRY 99.33 million a year ago. Net loss was TRY 40.89 million compared to net income of TRY 1.15 million a year ago. Basic loss per share from continuing operations was TRY 1.6225 compared to basic earnings per share from continuing operations of TRY 0.0457 a year ago.
For the nine months, sales was TRY 667.53 million compared to TRY 271.88 million a year ago. Net loss was TRY 44.75 million compared to net income of TRY 2.2 million a year ago. Basic loss per share from continuing operations was TRY 1.7756 compared to basic earnings per share from continuing operations of TRY 0.0874 a year ago.