Coca-Cola Içecek Anonim Sirketi Reports Earnings Results for the First Quarter Ended March 31, 2021
May 04, 2021 at 07:06 pm IST
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Coca-Cola Içecek Anonim Sirketi announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TRY 3,747.345 million compared to TRY 2,621.600 million a year ago. Operating income was TRY 487.554 million compared to TRY 142.758 million a year ago. Net income was TRY 403.188 million compared to TRY 95.608 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.