TURKEY: Net profit surges at Kristal Kola

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The Turkish soft drinks company, Kristal Kola, reported a net profit of TL344.4 billion ($209,000/€213,000) for the first half of 2002. The result represents a significant improvement on the same period last year when the company just edged into the black, recording a net profit of TL1.4 billion ($837/€852).

For the 2001 fiscal year, Kristal Kola registered a net loss of TL376.4 billion ($229,000/€232,000) against a net profit in 2000 of TL340.5 billion ($207,000/€211,000).

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