Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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 80.56 million compared to TRY 139.2 million a year ago. Net income was TRY 18.05 million compared to TRY 28.75 million a year ago. Basic earnings per share from continuing operations was TRY 0.018 compared to TRY 0.0287 a year ago.
For the six months, sales was TRY 152.23 million compared to TRY 344.76 million a year ago. Net loss was TRY 24.65 million compared to net income of TRY 54.27 million a year ago. Basic loss per share from continuing operations was TRY 0.0249 compared to basic earnings per share from continuing operations of TRY 0.0542 a year ago.