TURKISH AIRLINES BEATS FORECASTS WITH 193MN LIRA Q2 PROFIT
Istanbul,Turkey : Turkey's national carrier Turkish Airlines beat analysts' forecasts in the second quarter, posting a net profit of 193.1 million lira ($105 mln) up from a 170 million lira loss in the same period a year earlier.
Sales rose to 3.84 billion lira from 2.80 billion a year earlier, the company said in stock exchange filing on Saturday. Analysts in a Reuters poll had forecast net profit of 140.4 million lira on sales of 3.63 billion.
02/09/2012 : Shoaib-ur-Rehman Siddiqui / Business Recorder.
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