BIM Birlesik Magazalar A.S. Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 02:42 pm EDT
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BIM Birlesik Magazalar A.S. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TRY 17,163.246 million compared to TRY 14,028.499 million a year ago. Operating income was TRY 1,192.009 million compared to TRY 1,032.485 million a year ago. Net income was TRY 725.153 million compared to TRY 697.411 million a year ago. For the half year, sales was TRY 32,664.892 million compared to TRY 26,626.115 million a year ago. Operating income was TRY 2,215.919 million compared to TRY 1,725.323 million a year ago. Net income was TRY 1,409.720 million compared to TRY 1,127.822 million 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.