BIM Birlesik Magazalar A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 10:43 am
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BIM Birlesik Magazalar A.S. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TRY 41,025.87 million compared to TRY 17,457.24 million a year ago. Net income was TRY 1,775.32 million compared to TRY 884.02 million a year ago. Basic earnings per share from continuing operations was TRY 2.97 compared to TRY 1.47 a year ago.
For the nine months, sales was TRY 102,323.02 million compared to TRY 50,122.13 million a year ago. Net income was TRY 4,793.02 million compared to TRY 2,293.74 million a year ago. Basic earnings per share from continuing operations was TRY 8.02 compared to TRY 3.81 a year ago.
BIM Birlesik Magazalar AS is a Turkey-based company, which is engaged in the operation of retail stores. Through its retail shops in Turkey, the Company sells an assortment of approximately 600 items, including a number of private labels. The Company offers a range of consumer basic food items and consumer goods. BIM Birlesik Magazalar ASâs products include: televisions, cooking pans, toys, meat products, breakfast and dairy products, beverages, legumes and bakery, snacks and sweets, fruits and vegetables, frozen food and cleaning supplies, among others. The Companyâs subsidiaries are: Bim Stores LLC, based in Egypt and BIM Stores SARL, based is Morocco, both engaged in the hard discount retail sector.
BIM BIRLESIK MAGAZALAR 
