Turkey's Ford Otosan 2012 profit up 2 pct

Newswire

ISTANBUL, Feb 26 (Reuters) - Turkish automaker Ford Otosan posted a 2 percent rise in year-on-year net profit to 675.02 million lira ($373.07 million) in 2012, its results showed on Tuesday. The company, a partnership between Ford Motor Co and Turkey's Koc Holding, said sales fell 6 percent in the same period to 9.77 billion lira. ($1 = 1.8094 Turkish liras) (Writing by Ece Toksabay. Editing by Jane Merriman)

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