Turkey“s sole glass producing group Sisecam reported first-quarter unaudited net profits of lira 0.761 trillion versus lira 0.020 trillion in the same period the year before. Sales in the first quar…
Turkey“s sole glass producing group Sisecam reported first-quarter unaudited net profits of lira 0.761 trillion versus lira 0.020 trillion in the same period the year before. Sales in the first quarter doubled to lira 4.361 trillion versus lira 2.119 trillion in the corresponding period the year before. The figures above do not take into account Turkey“s month-on-month wholesale price inflation of 35.1% in March. Turkey floated the lira on 22 February this year amid financial market upheaval. The lira has since depreciated by about 41% against the dollar.