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Turkish cartridge reseller profits surge

November 2, 2015

250px-Turkey_relief_location_mapOffices supplies group Despec Bilgisayar registered 3Q2015 net profits of TRY3 million ($1.06 million/€960,000), increasing from TRY2 million ($710,000/€640,000) year on year.

Reuters reported the quarterlies, which saw revenue grow from TYR34.1 million ($12.1 million/€10.96 million) to TYR37.4 million ($13.27 million/€12.02 million).

A substantial portion of the Turkish company’s business comes from the sale of inkjet and toner cartridges, and it also uses remanufactured cartridges in its MPS offering.

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