Turkey's Koc Holding net profit jumps in H1 2003

Newswire

ISTANBUL, July 31 (Reuters) - Prominent Turkish industrial group Koc Holding said on Thursday it posted a net profit of 45.17 trillion lira ($31.8 million) in the first half of 2003 from 17.41 trillion a year earlier. The results, announced via the Istanbul stock exchange, do not account for inflation, which stood at an annual 29.8 percent for consumer prices (CPI) in June. Koc Holding controls Arcelik , one of Europe's top assemblers of white goods, and partners with Fiat and Ford in ...

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