Sabancı Holding records TL 1,057 Million Three-Quarter Net Profit


Sabancı Holding has recorded a net profit of TL 1,057 Million for the first three quarters of 2009.

ad_090828_200x180.jpgThe consolidated financial statements of Sabancı Holding for the three-quarter period ending 30 September 2009 show sales of TL 14 Thousand 482 Million, and an operating profit of TL 2 Thousand 736 Million, representing an increase of 41% compared to the same period of the previous year.

As of 30 September 2009, total assets of Sabancı Holding amounted to TL 104 Thousand 867 Million, and the Shareholders’ Equity to TL 19 Thousand 901 Million.

Sabancı Holding’s CEO Ahmet Dorduncu stated in this regard: “Despite all the challenging conditions towards the end of the year 2009, we recorded results in line with our targets.  I believe that we will see the positive effects of our active business doing model, and our philosophy of sustainability, in our business results during the rest of the year.”