Dogus Otomotiv Servis Ve Ticaret A.S. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 09:12 am EST
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Dogus Otomotiv Servis ve Ticaret A.S. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TRY 6,343.089 million compared to TRY 2,155.790 million a year ago. Operating income was TRY 637.358 million compared to TRY 85.006 million a year ago. Net income was TRY 511.775 million compared to TRY 41.297 million a year ago. For the nine months, sales was TRY 12,069.738 million compared to TRY 6,122.254 million a year ago. Operating income was TRY 1,041.833 million compared to TRY 285.469 million a year ago. Net income was TRY 741.178 million compared to net loss of TRY 2.813 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.