17-May-2010 1:07 PM
Turkish Airlines net profit down 23% in 1Q2010
Turkish Airlines reports the following financial highlights for the three months ended Mar-2010 (Reuters, 14-May-2010):
- Sales: EUR870 million*, +27% year-on-year;
- Operating profit: EUR98 million, -3.8%;
- Net income: EUR62.6 million, -22.8%.
*Based on the conversion rate at EUR1 = TRY1.91