Ihlas Gayrimenkul Proje Gelistirme ve Ticaret 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 115.76 million compared to TRY 132.29 million a year ago. Net income was TRY 18.18 million compared to TRY 56.43 million a year ago. Basic earnings per share from continuing operations was TRY 0.018 compared to TRY 0.0562 a year ago.
For the nine months, sales was TRY 267.99 million compared to TRY 477.05 million a year ago. Net loss was TRY 6.46 million compared to net income of TRY 110.7 million a year ago. Basic loss per share from continuing operations was TRY 0.0069 compared to basic earnings per share from continuing operations of TRY 0.1105 a year ago.