Brief: Tofas Q2 Net Profit Up At 1.88 Billion Lira; Revises 2022 Guidance

Tofas Turk Otomobil Fabrikasi

27/07/2022 06:34

July 27 (Reuters) - TOFAS  TOASO.IS :
    * SAID ON TUESDAY Q2 NET PROFIT 1.88 BILLION LIRA VERSUS
867.2
MILLION LIRA YEAR AGO
    * Q2 REVENUE 15.42 BILLION LIRA VERSUS 7.56 BILLION LIRA
YEAR AGO
    * SEES 2022 EXPORTS AT 110,000-125,000 UNITS (PREVIOUS
FORECAST:
125,000-140,000 UNITS)
    * SEES 2022 LOCAL SALES AT 140,000-155,000 UNITS (PREVIOUS
FORECAST: 125,000-140,000 UNITS)
    * SEES 2022 PRODUCTION AT 245,000-275,000 UNITS (PREVIOUS
FORECAST: 240,000-270,000 UNITS)
    * SEES 2022 INVESTMENTS AT 80 MILLION EUROS (PREVIOUS
FORECAST:
100 MILLION EUROS)

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nIKA5n82cB urn:newsml:reuters.com:*:nIKA15CYtJ
 Further company coverage:  TOASO.IS  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))