Karel Elektronik Sanayi 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 1,820.96 million compared to TRY 609.72 million a year ago. Net loss was TRY 86.05 million compared to TRY 44.28 million a year ago. Basic loss per share from continuing operations was TRY 0.214 compared to TRY 0.221 a year ago.
For the six months, sales was TRY 3,275.59 million compared to TRY 1,161.78 million a year ago. Net loss was TRY 117.78 million compared to net income of TRY 35.7 million a year ago. Basic loss per share from continuing operations was TRY 0.292 compared to basic earnings per share from continuing operations of TRY 0.179 a year ago.