Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TRY 14,471.67 million compared to TRY 7,543.99 million a year ago. Net loss was TRY 301.26 million compared to net income of TRY 146.83 million a year ago. Basic loss per share from continuing operations was TRY 0.9 compared to basic earnings per share from continuing operations of TRY 0.44 a year ago.
For the nine months, sales was TRY 39,102.35 million compared to TRY 21,758.57 million a year ago. Net income was TRY 959.06 million compared to TRY 1,060.21 million a year ago. Basic earnings per share from continuing operations was TRY 2.86 compared to TRY 3.16 a year ago.