Turkish handmade products maker Denizli Cam posted a net profit of TRL 1.0 trillion (USD 672,000/EUR 581,000) for the first nine months of 2003, compared to TRL 383 billion (USD 257,000/EUR 223,000) f…
Turkish handmade products maker Denizli Cam posted a net profit of TRL 1.0 trillion (USD 672,000/EUR 581,000) for the first nine months of 2003, compared to TRL 383 billion (USD 257,000/EUR 223,000) for the same period of 2002. Denizli Cam“s pre-tax profit totalled TRL 1.8 trillion (USD 1.2 million/EUR 1.0 million), up from TRL 1.4 trillion (USD 941,000/EUR 814,000). The company“s operating profit dropped to TRL 432 billion (USD 290,000/EUR 251,000) from TRL 1.6 trillion (USD 1.1 million/EUR 930,000). Denizli Cam“s domestic sales increased to TRL 10.2 trillion (USD 6.8 million/EUR 5.9 million) from TRL 8.6 trillion (USD 5.8 million/EUR 5.0 million) and exports rose to TRL 18.2 trillion (USD 12.2 million/EUR 10.6 million) from TRL 17.6 trillion (USD 11.8 million/EUR 10.2 million). Shareholders“ equity increased to TRL 13.9 trillion (USD 9.3 million/EUR 8.1 million) from TRL 10.1 trillion (USD 6.8 million/EUR 5.9 million). (Unless otherwise stated, all figures/comparisons are for the first nine months of 2003/2002.)