Karel Elektronik Sanayi Ve Ticaret A.S. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TRY 1,454.64 million compared to TRY 552.07 million a year ago. Net loss was TRY 31.73 million compared to net income of TRY 79.98 million a year ago.

Basic loss per share from continuing operations was TRY 0.079.