Ag Anadolu Grubu Holding A.S. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 12:16 pm
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AG Anadolu Grubu Holding A.S. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TRY 15,152.665 million compared to TRY 12,307.775 million a year ago. Operating income was TRY 1,300.993 million compared to TRY 661.563 million a year ago. Net loss was TRY 122.365 million compared to net income of TRY 639.906 million a year ago. For the half year, sales was TRY 27,595.540 million compared to TRY 17,599.528 million a year ago. Operating income was TRY 1,269.314 million compared to TRY 551.218 million a year ago. Net loss was TRY 477.726 million compared to net income of TRY 239.277 million a year ago.
AG Anadolu Grubu Holding AS, formerly Yazicilar Holding AS, is a Turkey-based holding company. It is the major shareholder of Anadolu Endustri Holding AS and its subsidiaries, forming the Anadolu Group. The Anadolu Group is organized and primarily managed in five main segments: Beer; Soft Drinks; Automotive, including passenger and commercial vehicles, spare parts and generators; Financial Services, including banking, leasing, and brokerage, portfolio management in capital markets and consumer finance, as well as Retail, including stationery, office supplies, food, consumer durables and restaurant chain management. The companies in its portfolio include: Anadolu Efes, Efes Brewers International, Coca-Cola Icecek, Anadolu Araclar Ticaret AS, Celik Motor, Anadolu Motor, Efestur Turizm Isletmeleri AS, Anadolu Restoran Isletmeleri AS, Oyex Handels GmbH, Anadolu Elektronik, Alternatifbank, Alternatif Finansal Kiralama and Adel Kalemcilik.