Turkey's Teknosa slumps after sharp increase in Q4 losses

Teknosa Ic ve Dis Ticaret

25/02/2026 08:21

** Teknosa TKNSA.IS shares fall 7% after consumer electronics retailer posted a sharp increase in Q4 losses year-on-year

** Company posted 910 million lira ($20.75 million) loss for Q4, compared to 340 million lira ($7.75 million) the previous year

** Brokerage Is Yatirim says weak operational results and weak monetary gains drove the loss, while higher‑than‑expected depreciation expenses caused the company to miss brokerage's estimate of 692 million lira ($15.78 million) loss

** The stock is trading at its lowest levels since late June 2025

($1 = 43.8637 liras)

(Reporting by Miraç Eren Dereli)

((miraceren.dereli@thomsonreuters.com))