Ülker Bisküvi Sanayi A.S. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022 at 05:53 pm EDT
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Ülker Bisküvi Sanayi A.S. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TRY 5,886.02 million compared to TRY 2,783.76 million a year ago. Net loss was TRY 470.71 million compared to net income of TRY 431.15 million a year ago. Basic loss per share from continuing operations was TRY 1.38 compared to basic earnings per share from continuing operations of TRY 1.26 a year ago.
Ulker Biskuvi Sanayi AS, formerly Ulker Gida Sanayi ve Ticaret AS, is a Turkey-based food manufacturer, specializing in cookies, crackers, chocolate covered cookies and wafers. The Company offers products under such brand names, Potibor, Cizi, Krispi, Haylayf, Mavi Yesil, Hanimeller, Bebe Biscuits, Biskrem, Krim Kraker, Probis, Cokoprens, As Kraker, Basak, Ikram and Canpare, among many others. Ulker Biskuvi Sanayi AS 's products are mainly exported to the Middle East, Russia and Central Asian Republics, as well as to Europe. The Companyâs subsidiaries include Istanbul Gida Dis Ticaret AS, Atlas Gida Pazarlama Sanayi ve Ticaret AS, Birlesik Dis Ticaret AS, Ulker Cikolata Sanayi AS, Reform Gida Pazarlama Sanayi ve Ticaret AS and Sabourne Investments Ltd.