May 8, 2018 / 4:36 AM / 2 months ago

Sabanci Holding Q1 net profit rises 59 percent

ISTANBUL, May 8 (Reuters) - Turkish conglomerate Sabanci Holding posted a net profit of 1.07 billion lira ($250 million) in the first quarter, up 59 percent from a year earlier, it said on Tuesday.

Its total revenues climbed 24 percent in the first quarter to 11.3 billion lira, it said in a statement to the Istanbul stock exchange. ($1 = 4.2740 liras) (Reporting by Ceyda Caglayan Editing by Daren Butler)

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