Bagfas Bandirma Gubre Fabrikalari A.S. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TRY 528.01 million compared to TRY 1,279.26 million a year ago. Net loss was TRY 128.94 million compared to net income of TRY 290.96 million a year ago. Basic loss per share from continuing operations was TRY 0.96 compared to basic earnings per share from continuing operations of TRY 2.16 a year ago.
For the nine months, sales was TRY 2,010.35 million compared to TRY 2,915.29 million a year ago. Net loss was TRY 676.17 million compared to net income of TRY 509.99 million a year ago. Basic loss per share from continuing operations was TRY 5.01 compared to basic earnings per share from continuing operations of TRY 3.78 a year ago.