Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri 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 106.06 million compared to TRY 77.04 million a year ago. Net income was TRY 20.6 million compared to TRY 32.02 million a year ago. Basic earnings per share from continuing operations was TRY 1.4 compared to TRY 2.2 a year ago.
For the nine months, sales was TRY 287.08 million compared to TRY 234.71 million a year ago. Net income was TRY 47 million compared to TRY 71.19 million a year ago. Basic earnings per share from continuing operations was TRY 3.3 compared to TRY 5 a year ago.