Kordsa Teknik Tekstil 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 8,563.93 million compared to TRY 4,962.16 million a year ago. Net income was TRY 53.21 million compared to TRY 323.95 million a year ago. Basic earnings per share from continuing operations was TRY 0.28 compared to TRY 1.665 a year ago. Diluted earnings per share from continuing operations was TRY 0.274 compared to TRY 1.665 a year ago.
For the nine months, sales was TRY 18,770.39 million compared to TRY 13,761.17 million a year ago. Net income was TRY 3.82 million compared to TRY 1,104.52 million a year ago. Diluted earnings per share from continuing operations was TRY 0.02 compared to TRY 5.678 a year ago.