Dogus Otomotiv Servis ve Ticaret A.S. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 21, 2023 at 11:41 am EDT
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Dogus Otomotiv Servis ve Ticaret A.S. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TRY 27,142.25 million compared to TRY 11,614.23 million a year ago. Net income was TRY 5,134.58 million compared to TRY 1,765.56 million a year ago.
For the six months, sales was TRY 46,591.92 million compared to TRY 18,854.38 million a year ago. Net income was TRY 9,034.8 million compared to TRY 2,762.23 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.