Dogus Otomotiv Servis ve Ticaret A.S. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 10:41 am EST
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Dogus Otomotiv Servis ve Ticaret A.S. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TRY 11,857.9 million compared to TRY 4,846.2 million a year ago. Net income was TRY 2,698.06 million compared to TRY 369.96 million a year ago. Basic earnings per share from continuing operations was TRY 13.6266 compared to TRY 1.8685 a year ago. Diluted earnings per share from continuing operations was TRY 13.6266 compared to TRY 1.8685 a year ago.
For the nine months, sales was TRY 30,712.28 million compared to TRY 18,445.95 million a year ago. Net income was TRY 5,460.29 million compared to TRY 1,255.89 million a year ago. Basic earnings per share from continuing operations was TRY 27.5772 compared to TRY 6.3429 a year ago. Diluted earnings per share from continuing operations was TRY 27.5772 compared to TRY 6.3429 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.