BIM Birlesik Magazalar A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 17, 2023 at 04:37 pm EDT
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BIM Birlesik Magazalar 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 57,878.07 million compared to TRY 34,135.4 million a year ago. Net income was TRY 2,845.18 million compared to TRY 1,676.09 million a year ago. Basic earnings per share from continuing operations was TRY 4.76 compared to TRY 2.8 a year ago.
For the six months, sales was TRY 109,212.66 million compared to TRY 61,449.34 million a year ago. Net income was TRY 4,199.3 million compared to TRY 3,017.7 million a year ago. Basic earnings per share from continuing operations was TRY 7.03 compared to TRY 5.05 a year ago.
BIM Birlesik Magazalar AS is a Turkey-based company, which is engaged in the operation of retail stores. Through its retail shops in Turkey, the Company sells an assortment of approximately 600 items, including a number of private labels. The Company offers a range of consumer basic food items and consumer goods. BIM Birlesik Magazalar ASâs products include: televisions, cooking pans, toys, meat products, breakfast and dairy products, beverages, legumes and bakery, snacks and sweets, fruits and vegetables, frozen food and cleaning supplies, among others. The Companyâs subsidiaries are: Bim Stores LLC, based in Egypt and BIM Stores SARL, based is Morocco, both engaged in the hard discount retail sector.
BIM BIRLESIK MAGAZALAR 
