Brief: Kervansaray Yatirim unit's Bursa facility closes down

Kervansaray Yatirim Holding

16/11/2015 06:38

Nov 16 (Reuters) - Kervansaray Yatirim Holding  KERVN.IS : 
    * 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 
 
    
     
 Source text for Eikon:  ID:nIKA6XBJ1a  
     
 Further company coverage:  KERVN.IS   
    
 
 
 
($1 = 2.8837 liras) 
 
 (Gdynia Newsroom) 
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