ISTANBUL, April 30 Turkish white-goods maker
Arcelik said on Tuesday its net profit rose 7 percent
year-on-year to 129.4 million lira ($72 million) in the first
Arcelik said sales rose 1 percent to 2.43 billion lira in
the first quarter from a year earlier, in a statement to the
Istanbul Stock Exchange.
Analysts had expected a fall in television sales to have
dented revenues, but had also forecast that a rise in white
goods margins would lift profit.
($1 = 1.7956 Turkish liras)
(Writing by Ece Toksabay; Editing by Nick Tattersall)