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BİM Announces 2019 Balance Sheet

While BİM's net profit decreased by 2 percent in 2019, it was 1.22 billion TL; It predicts a 23 percent increase in sales in 2020.

BİM Announces 2019 Balance Sheet
Yazar: Zack Smith

Yayınlanma: 5 Mart 2020 21:15

Güncellenme: 6 Kasım 2024 10:08

BİM Announces 2019 Balance Sheet

While BİM's net profit decreased by 2 percent in 2019, it was 1.22 billion TL; It predicts a 23 percent increase in sales in 2020. BİM's net profit in 2019 was 1.22 billion TL, a drop of 2 percent. According to the financial results reported by the company to KAP last night, sales revenues increased by 24.4 percent in 2019 to 40.2 billion TL. According to the 2020 expectations announced to the KAP, the company foresees a 23 percent increase in sales with a plus/minus 2 points margin and a 5 percent EBITDA margin with a plus/minus 0.5 point margin. The company is planning an investment of 1 billion TL.
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