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March 6, 2013

TURKEY: BIM books FY profit increase

Turkish discount retailer BIM has booked an increase in full-year profit.

Turkish discount retailer BIM has booked an increase in full-year profit.

In the 12 months to the end of December, net profit amounted to TRY331.3m compared to TRY298.9m a year earlier, the company reported today (6 March).

Operating profit in the period reached TRY407.9m, a 13.5% increase on last year. 

Sales were up, reaching TRY9.9bn versus TRY8.2m in the comparable period of the prior year.

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