Ford Otomotiv's net profit down 31 pct in Q3


ISTANBUL, Oct 31 (Reuters) - Turkish vehicle maker Ford Otomotiv said on Friday it made a non-consolidated net profit of 86.911 million lira ($56 million) in the third quarter, down 31 percent from the same period last year. The company, a joint venture of local conglomerate Koc Holding and Ford Motor Co. , said in a statement posted on the Istanbul Stock Exchange Web site that its net profit for the first nine months reached 385.97 million lira, up from 329.46 million lira in the same ...

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