Ülker Bisküvi Sanayi A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 17, 2023 at 11:15 am EDT
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Ülker Bisküvi Sanayi A.S. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TRY 9,511.85 million compared to TRY 5,991.04 million a year ago. Net loss was TRY 1,692.4 million compared to TRY 648.64 million a year ago. Basic loss per share from continuing operations was TRY 4.95 compared to TRY 1.9 a year ago.
For the six months, sales was TRY 19,623.61 million compared to TRY 11,877.06 million a year ago. Net loss was TRY 796.75 million compared to TRY 1,119.34 million a year ago. Basic loss per share from continuing operations was TRY 2.33 compared to TRY 3.27 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.