Brief: Tofas Q2 Net Profit Decreases To 288.5 Mln Lira YoY

Tofas Turk Otomobil Fabrikasi

29/07/2020 06:23

July 29 (Reuters) - TOFAŞ TURK OTOMOBİL FABRİKASI
 TOASO.IS :
    * SAID ON TUESDAY Q2 NET PROFIT OF 288.5 MILLION LIRA VERSUS
408.5
MILLION LIRA YEAR AGO
    * Q2 REVENUE OF 3.05 BILLION LIRA VERSUS 5.29 BILLION LIRA
YEAR
AGO
    * TOFAS SEES 2020 EXPORTS AT 110,000-140,000 UNITS VERSUS
PREVIOUS
EXPECTATION OF 110,000-140,000 UNITS
    * TOFAS SEES 2020 LOCAL SALES AT 96,000-102,000 UNITS VERSUS
PREVIOUS EXPECTATION OF 72,000-78,000 UNITS
    * TOFAS SEES 2020 PRODUCTION AT 195,000-230,000 UNITS VERSUS
PREVIOUS EXPECTATION OF 175,000-210,000 UNITS
    * TOFAS SEES 2020 INVESTMENTS AT 150 MILLION EUROS VERSUS
200
MILLION EUROS PREVIOUS

    
    
 Source text for Eikon:  TOASO.IS 
    
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