AG Anadolu Grubu Holding A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 11:42 am EDT
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AG Anadolu Grubu Holding A.S. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TRY 77,383.8 million compared to TRY 43,562.65 million a year ago. Net income was TRY 2,994.27 million compared to TRY 1,513.83 million a year ago. Basic earnings per share from continuing operations was TRY 12.295 compared to TRY 5.955 a year ago.
For the six months, sales was TRY 133,741.89 million compared to TRY 71,299.89 million a year ago. Net income was TRY 3,655.04 million compared to TRY 1,512.59 million a year ago. Basic earnings per share from continuing operations was TRY 15.0083 compared to TRY 5.9949 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.