30 May 2005 -

Report Summary

31% higher than our net income estimation of US$ 16.11 mn and significantly higher than its 1Q04 net earnings of US$ 1.74 mn, Trakya Cam disclosed a net profit of US$ 21.11 mn at 1Q05, although the company had no monetary gain where it had US$ 8.33 mn monetary gain at 1Q04. Our 2005 yer-end net profit estimation is US$ 81.67 mn.

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