November 16, 2015 / 6:38 AM / 2 years ago

BRIEF-Kervansaray Yatirim unit's Bursa facility closes down

Nov 16 (Reuters) - Kervansaray Yatirim Holding :

* Said on Saturday that closing down Bursa production facility of unit SIS Sayilgan Dokuma

* Expects 60-70 million lira ($45.1 million) or 25-30 pct FY revenue decrease versus year ago

* Expects no effect on FY profit after factory closes

* Sees personnel count down to 780 compared to 908 on September 30

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$1 = 2.8837 liras Gdynia Newsroom

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