Brief: Tofas Q3 Net Profit Jumps To 2.06 Bln Lira YoY

Tofas Turk Otomobil Fabrikasi

26/10/2022 16:30

Oct 26 (Reuters) - Tofas Turk Otomobil Fabrikasi AS
 TOASO.IS :
    * TOFAS - Q3 NET PROFIT OF 2.06 BILLION LIRA VERSUS PROFIT
OF
580.6 MILLION LIRA YEAR AGO
    * TOFAS - Q3 REVENUE OF 16.02 BILLION LIRA VERSUS 5.59
BILLION
LIRA YEAR AGO
    * TOFAS SEES 2022 EXPORTS AT 115,000-125,000 UNITS (PRVS
FORECAST:
110,000-125,000 UNITS)
    * TOFAS SEES 2022 LOCAL SALES AT 145,000-155,000 UNITS (PRVS
FORECAST: 140,000-155,000 UNITS)
    * TOFAS SEES 2022 PRODUCTION AT 255,000-275,000 UNITS (PRVS
FORECAST: 245,000-275,000 UNITS)
    * TOFAS SEES 2022 INVESTMENTS AT 50 MILLION EUROS (PRVS
FORECAST:
80 MILLION EUROS)

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