Bosch Turkish unit's profit up 295 pct-agency

Newswire

ISTANBUL, May 28 (Reuters) - BSH Ev Aletleri , a unit of Bosch , boosted profit fourfold in the first quarter following tax cuts on white goods and lower steel prices, a state-run news agency cited its chairman as saying. Net profit was 20 million lira ($12.7 million) in the period at Turkey-based BSH, which controls about a quarter of the local market, Chairman Norbert Klein told reporters at a news conference on Thursday, according to the state-run news agency. BSH raised exports by 33 ...

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