According to Chairman Fikret Orman, among all other sports clubs listed on Istanbul Stock Exchange, Beşiktaş is the only club who achieved an operating profit increase in the first quarter of 2012. “Our financial restructuring and reorganization initiatives have already started to deliver improvements. Through a combination of spending cuts and new revenue, we have posted an operating profit of TL 1,662,228. Keep in mind, in this department, the club had reported a loss of TL 29,382,436 the same period last year. In short, all our financial figures indicate that we are on the right track,” added the Chairman.