Bagfas Bandirma Gubre Fabrikalari 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 594.41 million compared to TRY 836.36 million a year ago. Net loss was TRY 387.58 million compared to net income of TRY 78.34 million a year ago. Basic loss per share from continuing operations was TRY 2.87 compared to basic earnings per share from continuing operations of TRY 0.58 a year ago.
For the six months, sales was TRY 1,482.34 million compared to TRY 1,636.04 million a year ago. Net loss was TRY 547.23 million compared to net income of TRY 219.03 million a year ago. Basic loss per share from continuing operations was TRY 4.05 compared to basic earnings per share from continuing operations of TRY 1.6224 a year ago.