Turkey's clothing maker Mavi jumps on better-than-feared Q1 net profit

Mavi Giyim Sanayi ve Ticaret

11/06/2025 09:57

** Shares in Mavi Giyim MAVI.IS jump about 10% boosted by a better-than-feared Q1 net profit

** The Turkey-based clothing retailer reports the figure 837.5 million lira ($21.38 million), down from 1.32 billion lira year ago, but above the consensus of 643 mln lira cited by the brokerage Deniz Yatirim

** Deniz Yatirim views this as a positive development

** The shares are the best performer on Turkey's main BIST-100 index .XU100

($1 = 39.1765 liras)

 (Reporting by Arda Dipova)

 ((arda.dipova@thomsonreuters.com))