Cuhadaroglu Metal Sanayi ve Pazarlama 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 350.94 million compared to TRY 475.72 million a year ago. Net income was TRY 19.83 million compared to TRY 25.62 million a year ago. Basic earnings per share from continuing operations was TRY 0.278 compared to TRY 0.36 a year ago.
For the nine months, sales was TRY 903.29 million compared to TRY 1,354.34 million a year ago. Net loss was TRY 59.49 million compared to net income of TRY 124.15 million a year ago. Basic loss per share from continuing operations was TRY 0.835 compared to basic earnings per share from continuing operations of TRY 1.742 a year ago.