production, the competition in foreign markets especially in major trading partners including exchange rates. In addition, Risk Management Committee of the Company is composed of the executives and the team
, from 80% in the previous year to 75%. Although occupancy rates at both hotels were impacted by the lower number of tourist bookings, average room rates at both hotels increased YoY. Revenue from sales
to be recorded in the income statement and the effect of recording Page 2 of 6 additional compensation rates for employees who have worked consecutively for over 20 years shall be entitled to
overall financial conditions remained accommodative to economic expansion, with high liquidity in the financial system and low government bond yields and effective interest rates. Although the movement of
arrivals from Russia grew by 5%YoY. As for achieved average room rates (ARR), this increased by 2.2%YoY in Q3/2017, with ARR for those hotels in the Provinces increasing up to 6.5% YoY while ARR for those
a fixed margin formula pricing in 2017 as discussed above. PET production was marginally lower, despite higher operating rates due to de-bottlenecking turnaround in China, mothballing of the Adana
. The return on assets increased from 11.6 percent in 2016 to 12.6 percent in 2017. Both rates were increased in a normal level because the net profit in 2017 as the profit incorporated the one- time
2016 to 19.2 percent in 2017 as well. The return on assets increased from 11.6 percent in 2016 to 12.6 percent in 2017. Both rates were increased in a normal level because the net profit in 2017 as the