Dogus Otomotiv Servis Ve Ticaret A.S. Reports Earnings Results for the First Quarter Ended March 31, 2020
June 09, 2020 at 11:26 am EDT
Share
Dogus Otomotiv Servis ve Ticaret A.S. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TRY 3,181.218 million compared to TRY 1,808.534 million a year ago. Operating income was TRY 218.596 million compared to TRY 84.182 million a year ago. Net income was TRY 124.132 million compared to net loss of TRY 69.476 million a year ago. Basic earnings per share from continuing operations was TRY 0.6269 compared to basic loss per share from continuing operations of TRY 0.3509 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.