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Turkey: Sales boost for BIM

Turkish discounter BIM has reported a boost in both sales and profit for the second quarter. Net profits increased by 11.1 per cent to TRY69.1 million (TRY1= $0.55 US), with sales growth of over 21 per cent.

Like-for-like sales growth for the quarter was 11.8 per cent. The grocery retailer reported half year earnings of TRY159.9 million, a jump of 12.6 per cent, with sales up 25.4 per cent to TRY4.78 billion.

Source: esmmagazine.com

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