Trabzonspor Posts Quarterly Profit Despite Operating Loss
The club reported TL 871,329,603 in consolidated profit, while operating cash flow remained negative for the June-August quarter.
Key takeaways
- Trabzonspor reported TL 871,329,603 in consolidated net profit for June-August 2026.
- The company recorded a TL 1,449,344,679 operating loss for the quarter.
- Operating activities used TL 2,083,317,568 in cash during the period.
Trabzonspor Sportif reported consolidated net profit of TL 871,329,603 for the quarter ended August 31, 2026, compared with a TL 879,221,294 loss in the same period a year earlier. The figures are in Turkish lira, according to the company’s filing with KAP.
Revenue was TL 1,605,413,409, while the cost of sales was TL 2,712,202,761. That left a gross loss of TL 1,106,789,352, compared with a TL 299,905,271 gross loss a year earlier.
The company also reported a TL 1,449,344,679 operating loss. Its income statement included TL 1,700,197,083 in investment income and a TL 494,103,377 gain on the net monetary position.
Operating activities used TL 2,083,317,568 in cash during the quarter. The company reported TL 2,198,096,633 in net cash from investing activities, including TL 4,998,739,471 in proceeds from sales of tangible and intangible fixed assets.
The profit figure is the consolidated accounting result for the quarter; it does not mean the company generated cash from its operating activities. The filing reports cash and cash equivalents of TL 139,139,629 at August 31.
This article was produced with the help of AI technology. Source: Yahoo Finance
