** Shares in Galata Wind Enerji BIST:GWIND rise around 3% after Turkey-based renewable energy company, specializing in the generation of electrical energy from wind and solar power sources, reported better-than-expected Q2 net profit
** The company announced Q2 net profit of 270.5 million lira ($6.65 million) versus net profit of 257.0 million lira year ago
** Brokerage Global Menkul Degerler says it Galata Wind's Q2 net profit came in 47% above market expectations
** It adds that higher financing costs and lower monetary gains weighed on results, while lower tax expenses provided support
** "Galata Wind's stronger-than-expected Q2 net profit could have a positive impact on the stock" Global Menkul Degerler notes
($1 = 40.6758 liras)