Brief: Tofas Q3 Net Profit Up At 1.21 Bln Lira YoY, Revises Guidance

Tofas Turk Otomobil Fabrikasi

04/11/2025 05:16

Nov 4 (Reuters) - TOFAŞ TÜRK OTOMOBİL FABRİKASI TOASO.IS:

SAID ON MONDAY, Q3 NET PROFIT OF 1.21 BLN LIRA VERSUS NET PROFIT OF 426.3 MLN LIRA YEAR AGO

Q3 REVENUE OF 87.22 BLN LIRA VERSUS 28.59 BLN LIRA YEAR AGO

SEES 2025 LOCAL SALES AT 350,000-370,000 UNITS (PREVIOUS: 300,000-330,000 UNITS)

SEES 2025 PRODUCTION AT 130,000-150,000 UNITS (PREVIOUS: 150,000-160,000 UNITS)

SEES 2025 EXPORTS AT 50,000-60,000 UNITS (PREVIOUS: 70,000-80,000 UNITS)

SEES 2025 EBIT AT +2%, 2028 EBIT AT 5-7%

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 (Gdansk Newsroom)

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