Formet Celik Kapi Sanayi ve Ticaret A.S. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TRY 46.87 million compared to TRY 37.47 million a year ago. Net loss was TRY 13.56 million compared to net income of TRY 1.23 million a year ago. Basic loss per share from continuing operations was TRY 0.0653 compared to basic earnings per share from continuing operations of TRY 0.0082 a year ago.
For the six months, sales was TRY 100.86 million compared to TRY 81.63 million a year ago. Net loss was TRY 12.55 million compared to net income of TRY 2.09 million a year ago. Basic loss per share from continuing operations was TRY 0.0605 compared to basic earnings per share from continuing operations of TRY 0.014 a year ago.