Dogus Otomotiv Servis Ve Ticaret A.S. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 10:00 am EST
Share
Dogus Otomotiv Servis ve Ticaret A.S. Announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TRY 2,155.790 million compared to TRY 1,998.643 million a year ago. Operating income was TRY 85.006 million compared to TRY 182.313 million a year ago. Net income was TRY 41.297 million compared to net loss of TRY 7.827 million a year ago. For the nine months, sales was TRY 6,122.254 million compared to TRY 7,767.988 million a year ago. Operating income was TRY 285.469 million compared to TRY 484.267 million a year ago. Net loss was TRY 2.813 million compared to net income of TRY 128.950 million a year ago.
Dogus Otomotiv Servis ve Ticaret AS (Dogus Otomotiv) is a Turkey-based automotive importer and distributor. Its sales and service network is comprised of over 500 contact points. The Company delivers its main business lines of import and distributorship with the provision of automotive financing, spare parts and accessories trade, logistics and after sales services, used car trade, fleet rental and insurance. It supplies more than 80 models of passenger cars, light commercial vehicles, heavy commercial vehicles, industrial and marine engines and cooling systems of various brands, which include Volkswagen, Audi, Porsche, Bentley, Lamborghini, Seat, Skoda, Scania and Thermo King. Its subsidiaries include Dogus Oto Pazarlama ve Ticaret AS, D-Auto Suisse SA and D-Auto Limited Liability Company.