Bizim Toptan Satis Magazalari A.S. Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 09:04 pm IST
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Bizim Toptan Satis Magazalari A.S. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TRY 1,629.010 million compared to TRY 1,328.235 million a year ago. Operating income was TRY 22.157 million compared to TRY 19.710 million a year ago. Net income was TRY 5.830 million compared to TRY 7.393 million a year ago. For the half year, sales was TRY 3,075.766 million compared to TRY 2,506.006 million a year ago. Operating income was TRY 37.540 million compared to TRY 35.743 million a year ago. Net income was TRY 6.273 million compared to TRY 11.203 million 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.