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TKNSA: Revenue up 3% year-over-year, but net loss persists amid rising finance costs and inflation
TKNSA: Revenue up 3% year-over-year, but net loss persists amid rising finance costs and inflation
About this update from Teknosa Ic Ve Dis Ticaret As
Revenue grew 3% year-over-year to TL 22.2 billion, but high finance and operating expenses led to a net loss of TL 476.5 million. Cash reserves fell sharply, and short-term borrowings increased, reflecting ongoing inflationary pressures and high interest rates.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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