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Business & Finance

Turkish Airlines beats forecasts with 193mn lira Q2 profit

Published September 1, 2012 Updated September 1, 2012 01:38pm
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By Shoaib Ur Rehman
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turkish-airlinesISTANBUL: 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.

 

Copyright Reuters, 2012

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