Bizim Toptan Satis Magazalari A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 11:13 am EST
Share
Bizim Toptan Satis Magazalari A.S. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TRY 6,234.34 million compared to TRY 3,848.11 million a year ago. Net income was TRY 127.69 million compared to TRY 30.62 million a year ago. Basic earnings per share from continuing operations was TRY 2.128 compared to TRY 0.52 a year ago.
For the nine months, sales was TRY 15,715.94 million compared to TRY 9,344.04 million a year ago. Net income was TRY 66.64 million compared to TRY 92.1 million a year ago. Basic earnings per share from continuing operations was TRY 1.111 compared to TRY 1.535 a year ago.
Bizim Toptan Satis Magazalari AS is a Turkey-based company engaged in the wholesale of fast-moving consumer goods. It has 106 stores in 54 provinces of Turkey selling over 7,000 different kinds of products under various categories, including milk and dairy products, canned food, delicatessen, tobacco products, meat and related products, hygiene products, paper products, home ware, textile products, automobile accessories, decoration products, communication products, staple food, soft drinks, alcoholic drinks, bread and pastry products, personal care products, cosmetics, electronic appliances and energy and illumination products. It also has 192 products under its own brand name that are sold in its stores. These brands include: Besler, Sealady, BTT, Dolphin, balTurk and bahar. The Company's main customers are retailers; catering businesses, such as restaurants, patisseries and hotels, and corporations.
BIZIM TOPTAN SATIS MAGAZALARI 
