Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TRY 299.29 million compared to TRY 203.31 million a year ago. Net income was TRY 36.06 million compared to TRY 9.45 million a year ago. Basic earnings per share from continuing operations was TRY 0.451 compared to TRY 0.118 a year ago. Diluted earnings per share from continuing operations was TRY 0.451 compared to TRY 0.118 a year ago.
For the six months, sales was TRY 527.65 million compared to TRY 373.48 million a year ago. Net income was TRY 43.77 million compared to TRY 14.2 million a year ago. Basic earnings per share from continuing operations was TRY 0.547 compared to TRY 0.177 a year ago. Diluted earnings per share from continuing operations was TRY 0.547 compared to TRY 0.177 a year ago.