AG Anadolu Grubu Holding A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 12:33 pm EDT
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AG Anadolu Grubu Holding A.S. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TRY 43,567.87 million compared to TRY 20,348.39 million a year ago. Net income was TRY 1,551.93 million compared to TRY 198.13 million a year ago. Basic earnings per share from continuing operations was TRY 6.1114 compared to TRY 0.7902 a year ago. Basic earnings per share was TRY 6.3725 compared to TRY 0.8136 a year ago.
For the six months, sales was TRY 71,306.66 million compared to TRY 35,486.34 million a year ago. Net income was TRY 1,512.59 million compared to TRY 882.47 million a year ago. Basic earnings per share from continuing operations was TRY 5.9949 compared to TRY 3.8621 a year ago. Basic earnings per share was TRY 6.211 compared to TRY 3.6236 a year ago.
AG Anadolu Grubu Holding AS, formerly Yazicilar Holding AS, is a Turkey-based holding company. It is the major shareholder of Anadolu Endustri Holding AS and its subsidiaries, forming the Anadolu Group. The Anadolu Group is organized and primarily managed in five main segments: Beer; Soft Drinks; Automotive, including passenger and commercial vehicles, spare parts and generators; Financial Services, including banking, leasing, and brokerage, portfolio management in capital markets and consumer finance, as well as Retail, including stationery, office supplies, food, consumer durables and restaurant chain management. The companies in its portfolio include: Anadolu Efes, Efes Brewers International, Coca-Cola Icecek, Anadolu Araclar Ticaret AS, Celik Motor, Anadolu Motor, Efestur Turizm Isletmeleri AS, Anadolu Restoran Isletmeleri AS, Oyex Handels GmbH, Anadolu Elektronik, Alternatifbank, Alternatif Finansal Kiralama and Adel Kalemcilik.