Sanica Isi Sanayi A.S. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TRY 519.26 million compared to TRY 307.24 million a year ago. Net loss was TRY 29.49 million compared to net income of TRY 48 million a year ago. Basic loss per share from continuing operations was TRY 0.219 compared to basic earnings per share from continuing operations of TRY 0.48 a year ago.
For the nine months, sales was TRY 1,268.36 million compared to TRY 818.35 million a year ago. Net income was TRY 115.58 million compared to TRY 51.13 million a year ago. Basic earnings per share from continuing operations was TRY 0.856 compared to TRY 0.511 a year ago.