Business
ULKER: Net profit dropped nearly 50% year-over-year as margins and cash flow declined
ULKER: Net profit dropped nearly 50% year-over-year as margins and cash flow declined
About this update from Ulker Biskuvi Sanayi A.s.
Revenue and profitability declined year-over-year, with net profit down nearly 50% and EBITDA margin falling to 15.1%. Inflationary pressures and currency risk continue to impact results, while refinancing activities have strengthened the balance sheet.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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