Earnings Report /
Turkey

Bizim Toptan: Broadly in line with our estimates

  • We received positive signals from 3Q21 results and we believe that downside risks are diminishing at current valuations

  • Bizim Toptan recorded TL15.1mn net income in 3Q21, in line with our estimate of TL15.0mn

  • 2021 guidance maintained

Cemal Demirtas
Cemal Demirtas

Head of Research

ATA Invest
10 November 2021
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