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Ulker Biskuvi Has 6.3 Million-Lira Net Loss in Third Quarter

Ulker Biskuvi Sanayi AS (ULKER), a Turkish biscuits maker, had a third-quarter net loss of 6.3 million liras ($3.6 million), compared with net income of 21 million liras a year earlier, the company said in a statement to the Istanbul Stock Exchange after the market closed yesterday.

The company was expected to earn 35.7 million liras in the third quarter, according to the average of three analyst estimates compiled by Bloomberg.

To contact the reporter on this story: Ercan Ersoy in Istanbul eersoy@bloomberg.net.

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.

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