Turkey's Koc Holding AS's 1Q consolidated net profit fell 57.2% to 206.282 million new Turkish lira (approx. US$165.82 million. Operating profit increased 41.6%. Appliance company Arcelik is one of the companies operating under Koc Holding, which has more 14,000 dealers, branches, agencies, and retail- chain stores in Turkey as well as operations in 30 countries, and carries out export activities in more than 100 countries.
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