Kiler Alisveris Hizmetleri ve Gida San Tic A.S. will be removed from Istanbul Stock Exchange National 100 Index

Kiler Alisveris Hizmetleri ve Gida San Tic A.S. reported consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, sales were TRY 231,297,000 against TRY 191,191,000 a year ago. Operating profit was TRY 5,275,000 against operating loss of TRY 1,331,000 a year ago. Loss before tax from continuing operations was TRY 5,618,000 against TRY 13,379,000 a year ago. Loss from continuing operations was TRY 4,614,000 TRY 0.0333 per share against TRY 12,381,000 TRY 0.0922 per share a year ago. Loss for the year was TRY 4,614,000 TRY 0.0333 per share against TRY 12,381,000 TRY 0.0922 per share a year ago. For the six months, sales were TRY 462,527,000 against TRY 364,925,000 a year ago. Operating income was TRY 16,907,000 against TRY 5,811,000 a year ago. Profit before tax from continuing operations was TRY 5,305,000 against loss before tax from continuing operations of TRY 9,802,000 a year ago. Profit from continuing operations was TRY 3,649,000 TRY 0.0272 per share against loss from continuing operations of TRY 10,267,000 TRY 0.0720 per share a year ago. Profit for the year was TRY 3,649,000 or TRY 0.0272 per share against loss for the year of TRY 10,267 TRY 0.0720 per share a year ago. Net cash provided by operating activities was TRY 18,285,000 against net cash used in operating activities of TRY 18,457,000 a year ago. Purchase of property, plant and equipment was TRY 5,380,000 against TRY 13,838,000 a year ago. Purchase of intangible assets was TRY 39,000 against TRY 409,000 a year ago.

Kiler Holding A.S. is planning to sell 38.57% stake in Kiler Alisveris Hizmetleri ve Gida San Tic A.S. within a month, Daily Haberturk reported. Kiler Holding has reportedly mandated a bank to advice on the sale process.