Kuvva Gida Ticaret Ve Sanayi Yatirimlari Anonim Sirketi reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TRY 11.25 million compared to TRY 9.7 million a year ago. Net loss was TRY 4.76 million compared to net income of TRY 1.57 million a year ago. Basic loss per share from continuing operations was TRY 0.1893 compared to basic earnings per share from continuing operations of TRY 0.1172 a year ago. Diluted loss per share from continuing operations was TRY 0.1893 compared to diluted earnings per share from continuing operations of TRY 0.1165 a year ago.
For the six months, sales was TRY 14.58 million compared to TRY 9.7 million a year ago. Net loss was TRY 10.62 million compared to net income of TRY 0.064047 million a year ago. Basic loss per share from continuing operations was TRY 0.4228 compared to basic earnings per share from continuing operations of TRY 0.0048 a year ago. Diluted loss per share from continuing operations was TRY 0.4228 compared to diluted earnings per share from continuing operations of TRY 0.0041 a year ago.