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

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