Turkish Airlines 1H net profit down 29%; growth strategy continues

Credit: By Kurt Hofmann
Turkish Airlines reported first-half net profit of TRY121 million ($60.7 million), down 29% compared to the year-ago period. The airline said the results were mainly due to currency translation differences and tax effects. Revenue rose 23% to TRY8.2 billion, producing an operating profit of TRY439...

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