AG Anadolu Grubu Holding A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 08, 2021 at 03:43 pm EST
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AG Anadolu Grubu Holding A.S. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TRY 23,361.03 million compared to TRY 18,352.34 million a year ago. Net income was TRY 301.31 million compared to TRY 248.55 million a year ago. Basic earnings per share from continuing operations was TRY 1.2372 compared to TRY 1.2393 a year ago. Basic earnings per share was TRY 1.2372 compared to TRY 1.0206 a year ago.
For the nine months, sales was TRY 59,311.76 million compared to TRY 45,774.83 million a year ago. Net income was TRY 1,183.78 million compared to net loss of TRY 234.37 million a year ago. Basic earnings per share from continuing operations was TRY 5.0354 compared to basic loss per share from continuing operations of TRY 0.4892 a year ago. Basic earnings per share was TRY 4.8608 compared to basic loss per share of TRY 0.9624 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.