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Turkey's Erdemir says Q3 net profit falls 45 pct

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ISTANBUL | Thu Oct 18, 2012 3:35am EDT

ISTANBUL Oct 18 (Reuters) - Erdemir, Turkey's biggest steel maker, posted a 45 percent drop in third quarter net profit on Thursday to 151.7 million lira ($84.31 million).

Erdemir's sales in the period fell to 2.35 billion lira from a previous 2.45 billion lira, it said in a filing with the Istanbul Stock Exchange. ($1 = 1.7993 Turkish liras) (Writing by Seda Sezer; Editing by Nick Tattersall)

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