24 May 2006 -
20% lower than our estimation TSKB posted YTL 27.2 mn (US$
20.5 mn) net profit on its 1Q2006 BRSA bank only financials. Although
the net interest income is strictly in line with our expectation,
FX loss instead of anticipated a mere FX gain resulted in a
20% deviation of our estimate from the actual figure.
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