Ülker Bisküvi has drawn attention with its second-quarter balance sheet for 2024. The company, which last conducted a bonus share issue in 2007, has increased its bonus potential with a strong balance sheet.
### Ülker Bisküvi 2024 Second Quarter Balance Sheet
Ülker Bisküvi Sanayi A.Ş. (ULKER) has announced its financial results for the second quarter of 2024. The company reported a total profit of 3,609,816,000 TL for the period from January 1, 2024, to June 30, 2024. In the same period last year, the company reported a loss of 58,448,000 TL, but in the second quarter of this year, it achieved a net profit of 1,260,349,000 TL. As the company applies an inflation correction, it has retrospectively adjusted its net loss from 796.8 million TL, reported in the same six-month period last year, to a net loss of 58.4 million TL.
### Ülker Bisküvi (ULKER) Bonus Potential
With a paid-in capital of 369,275,855 TL, Ülker Bisküvi’s equity has reached 24.12 billion TL following the latest balance sheet announcement. This has boosted the company’s bonus share issuance potential to an exceptionally high level of 6,430%. However, a high bonus potential does not necessarily mean that the company will issue bonus shares. The stock price is influenced by market transactions. Bonus potential indicates how much the company could increase its capital if it decides to issue bonus shares. Companies with high bonus potential can offer more additional shares to existing shareholders without requiring any payment in case of a bonus share issuance.
Ülker Bisküvi’s robust financial performance and high bonus share issuance potential are closely monitored by investors. A decision regarding bonus share issuance from the company could create activity in the stock market.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
