Brief: Turk Traktor Q2 Net Profit Decreases To 1.94 Billion Lira YoY

Turk Traktor ve Ziraat Makineleri

01/08/2024 07:39

Aug 1 (Reuters) - TÜRK TRAKTÖR VE ZİRAAT MAKİNELERİ
A.Ş. TTRAK.IS :
    * SAID ON WEDNESDAY Q2 NET PROFIT OF 1.94 BILLION LIRA
VERSUS 3.11
BILLION LIRA YEAR AGO
    * Q2 REVENUE OF 15.68 BILLION LIRA VERSUS 19.03 BILLION LIRA
YEAR
AGO
    * SEES 2023 DOMESTIC TRACTOR SALES AT 30,000-33,000
(PREVIOUS
FORECAST: 31,000 - 35,000)
    * MAINTAINS TRACTOR EXPORTS PREDICTION AT 13,500-15,000
    * SEES 2024 CAPEX TO BE 90 MILLION DOLLARS - 100 MILLION
DOLLARS
(PREVIOUS EXPECTATION: 80 MILLION DOLLARS - 90 MILLION DOLLARS)

        
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