Menderes Tekstil Sanayi ve Ticaret 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 1,116.76 million compared to TRY 1,086 million a year ago. Net loss was TRY 60.75 million compared to net income of TRY 168.07 million a year ago. Basic loss per share from continuing operations was TRY 0.243 compared to basic earnings per share from continuing operations of TRY 0.6723 a year ago.
For the six months, sales was TRY 2,034.42 million compared to TRY 1,803.3 million a year ago. Net loss was TRY 76.07 million compared to net income of TRY 292.09 million a year ago. Basic loss per share from continuing operations was TRY 0.3043 compared to basic earnings per share from continuing operations of TRY 1.1684 a year ago.