Coca-Cola Içecek Anonim Sirketi Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
February 27, 2023 at 10:01 am EST
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Coca-Cola Içecek Anonim Sirketi reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was TRY 12,758 million compared to TRY 5,564 million a year ago. Net income was TRY 649 million compared to TRY 231 million a year ago.
For the full year, the company reported sales was TRY 53,530 million compared to TRY 21,930 million a year ago. Net income was TRY 4,331 million compared to TRY 2,271 million a year ago.
Coca-Cola Icecek AS (CCI) is a Turkey-based company engaged in the bottling and distribution of alcohol-free beverages in Turkey, Pakistan, Central Asia and the Middle East. The Company bottles and distributes a number of The Coca-Cola Company brands of soft drinks and beverages, including Coca-Cola, Coca-Cola Zero, Coca-Cola Light, Fanta, Sprite, Cappy, Sen Sun, Powerade, Burn and Gladiator. Also under the agreement signed with Schweppes Holdings Limited, the Company has the exclusive right in Turkey, Kazakhstan and Jordan to sell and distribute beverages under the Schweppes trademark. CCI operates production facilities in different regions of Turkey as well as abroad. CCI also holds interest in Turkmenistan Coca-Cola Bottlers Ltd., CC Beverage Limited, the Coca-Cola Beverages Pakistan Ltd. and Azerbaijan Coca-Cola Bottlers Limited in Azerbaijan, among other.
COCA-COLA IÇECEK ANONIM SIRKETI 
