Business
TKNSA: Net sales rose 5% and margins improved, but high costs drove a TL 1.1B net loss
TKNSA: Net sales rose 5% and margins improved, but high costs drove a TL 1.1B net loss
About this update from Teknosa Ic Ve Dis Ticaret As
Net sales grew 5% year-over-year to TL 47.4 billion, with gross profit and EBITDA margins improving, but high financing costs and inflation led to a net loss of TL 1.1 billion. Strong cash management resulted in a net cash position of TL 1.8 billion.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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