Slow year at Turkish Serve


28 February 2005 – Istanbul (TUR): Turkish stationery producer Serve Kirtasiye registered a net profit of TL506,000 ($394,000) for 2004, down from TL729,000 in 2003, it has announced.

Sales however are down slightly to TL12.895 million, from TL12.948 million in 2003.

The Istanbul-based manufacturer was set up in 1996 and carried out its first initial public offering on the Istanbul Stock Exchange in 1998.