Ülker Bisküvi Sanayi A.S. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 07, 2020 at 01:21 am IST
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Ülker Bisküvi Sanayi A.S. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TRY 2,144.641 million compared to TRY 1,820.498 million a year ago. Operating income was TRY 343.391 million compared to TRY 278.100 million a year ago. Net income was TRY 504.443 million compared to TRY 121.733 million a year ago. For the half year, sales was TRY 4,520.767 million compared to TRY 3,762.858 million a year ago. Operating income was TRY 740.598 million compared to TRY 574.481 million a year ago. Net income was TRY 406.151 million compared to TRY 487.209 million 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.