Bizim Toptan Satis Magazalari A.S. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 27, 2020 at 09:55 pm IST
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Bizim Toptan Satis Magazalari A.S. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TRY 1,381.270 million compared to TRY 1,215.935 million a year ago. Operating income was TRY 23.126 million compared to TRY 22.375 million a year ago. Net income was TRY 8.260 million compared to TRY 11.262 million a year ago. For the nine months, sales was TRY 3,887.276 million compared to TRY 3,364.219 million a year ago. Operating income was TRY 58.869 million compared to TRY 52.738 million a year ago. Net income was TRY 19.464 million compared to TRY 21.813 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.
BIZIM TOPTAN SATIS MAGAZALARI 
