March 7, 2014 / 3:58 PM / 4 years ago

Turkey's Sabanci Holding says 2013 profit down 7 pct

ISTANBUL, March 7 (Reuters) - Turkish conglomerate Sabanci Holding, which is active in finance and energy, said on Friday that its 2013 net profit fell 7 percent from a year ago.

Sabanci’s net profit declined to 1.73 billion lira ($793.47 million) from 1.85 billion lira in 2012, according to an income statement with the Istanbul stock exchange. ($1 = 2.1803 Turkish liras) (Reporting by Seda Sezer, editing by Dasha Afanasieva)

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