1 Min Read
ISTANBUL, March 7 (Reuters) - Turkish retailer BIM posted a net profit of 670.9 million lira ($181 million) in 2016, up 15 percent from a earlier, it said in a statement to the Istanbul stock exchange late on Monday.
It said sales rose 15 percent to 20.1 billion lira.
The company said it targets a 15-18 percent rise in sales this year and aimed to open 635 new shops. ($1 = 3.7098 liras) (Reporting by Ceyda Caglayan; Editing by Daren Butler)