Karel Elektronik Sanayi Ve Ticaret A.S. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TRY 912.6 million compared to TRY 391.43 million a year ago. Net loss was TRY 10.44 million compared to net income of TRY 37.22 million a year ago. Basic loss per share was TRY 0.052 compared to basic earnings per share of TRY 0.186 a year ago.
For the nine months, sales was TRY 2,074.38 million compared to TRY 1,064.08 million a year ago. Net income was TRY 25.27 million compared to TRY 88.46 million a year ago. Basic earnings per share was TRY 0.126 compared to TRY 0.442 a year ago.