Dogus Otomotiv Servis Ve Ticaret A.S. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 19, 2020 at 11:40 am EDT
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Dogus Otomotiv Servis ve Ticaret A.S. Announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TRY 2,545.431 million compared to TRY 2,157.930 million a year ago. Operating income was TRY 185.879 million compared to TRY 116.281 million a year ago. Net income was TRY 105.271 million compared to TRY 25.366 million a year ago. For the half year, sales was TRY 5,726.649 million compared to TRY 3,966.464 million a year ago. Operating income was TRY 404.475 million compared to TRY 200.463 million a year ago. Net income was TRY 229.403 million compared to net loss of TRY 44.110 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.