Kervansaray Yatirim Holding 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 24.89 million compared to TRY 10.23 million a year ago. Net loss was TRY 76.5 million compared to net income of TRY 9.81 million a year ago. Basic loss per share from continuing operations was TRY 0.13 compared to basic earnings per share from continuing operations of TRY 0.017 a year ago.
For the nine months, sales was TRY 68.77 million compared to TRY 38.94 million a year ago. Net loss was TRY 575.3 million compared to TRY 110.68 million a year ago. Basic loss per share from continuing operations was TRY 0.978 compared to TRY 0.188 a year ago.