Karsan Otomotiv Sanayii 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 664.19 million compared to TRY 509.6 million a year ago. Net income was TRY 2.15 million compared to TRY 34.7 million a year ago. Basic earnings per share from continuing operations was TRY 0.002 compared to TRY 0.039 a year ago.
For the nine months, sales was TRY 1,733.84 million compared to TRY 1,093.34 million a year ago. Net income was TRY 18.85 million compared to net loss of TRY 13.34 million a year ago. Basic earnings per share from continuing operations was TRY 0.021 compared to basic loss per share from continuing operations of TRY 0.015 a year ago.