Fibre and apparel maker Karsu Tekstil has posted an inflation-adjusted pre-tax profit of US$1.04 million for the first quarter, up from US$263,000 in the same period a year earlier.

The company also reported inflation-adjusted net sales of US$16m for the period, up from US$13.3m in the previous first quarter.

Karsu Tekstil is the only Modal cellulose fibre spinning company in Turkey.