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For the six months ended 30 April 2016, Turkish Investment Fund Inc revenues decreased 21% to $1M. Net income totaled $6.1M vs. loss of $7.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Investments increase from $7.3M (expense) to $5.6M (income), Investments Sold decrease of 82% to $254K (expense).
Period Ending: | Apr 30, 2016 | Oct 31, 2015 | Apr 30, 2015 | Oct 31, 2014 |
---|---|---|---|---|
Total Revenue | 1.05 | 0.22 | 1.32 | 0.21 |
Gross Profit | 0.78 | -0.08 | 0.98 | -0.14 |
Operating Income | 0.7 | -0.16 | 0.9 | -0.23 |
Net Income | 6.05 | -5.61 | -7.82 | 1.18 |
Period Ending: | Apr 30, 2016 | Oct 31, 2015 | Apr 30, 2015 | Oct 31, 2014 |
---|---|---|---|---|
Total Assets | 51.78 | 47.17 | 54.4 | 65.66 |
Total Liabilities | 0.13 | 0.1 | 0.17 | 0.19 |
Total Equity | 51.65 | 47.08 | 54.22 | 65.47 |
Period Ending: | Apr 30, 2016 | Oct 31, 2015 | Apr 30, 2015 | Oct 31, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 6.05 | -13.44 | -7.82 | -10.63 |
Cash From Investing Activities | ||||
Cash From Financing Activities | -1.48 | -4.95 | -3.42 | -28.14 |
Net Change in Cash | 4.58 | -18.39 | -11.24 | -38.77 |
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