Galata Wind up after Q3 profit beats expectations

Galata Wind Enerji

Yesterday 07:44

** Shares in Galata Wind GWIND.IS rise 5.5% after the renewable energy producer posted Q3 profit above market expectations
** Q3 profit came in at 312.6 million lira ($6.25 million), above market expectation of 263 million lira, says brokerage Is Yatirim
** Is Yatirim notes smaller than expected tax outflows caused the net profit beat
** Stock down around 23% YTD


($1 = 50.0136 liras)

 (Reporting by Mirac Eren Dereli)
 ((miraceren.dereli@thomsonreuters.com))