Jun 28, 2005. /Lesprom Network/. Turkish corrugated board and paper producer Tire Kutsan posted a consolidated net profit of 2.687 million new Turkish lira ($1.989 million) for the first quarter of 2005. Financial results for the first quarter 2005 are: sales revenue - TRY 40.592 million ($30.1 million), gross operating profit - TRY 7.784 million ($5.8 million), net operating profit - TRY 130 000 ($96 000), pre-tax profit - TRY 2.588 million (1.9 million). No comparative figures were available. Tire Kutsan was set up in 1974 and is based in Tire, western Turkey. The company has four subsidiaries, operating in the same sector. Tire Kutsan employed 1,010 in March 2005, compared to 988 in December 2004.