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Tofaş announced its financial results for January-June 2018.
According to this, Tofaş increased its net income during the first six months of the year by 10% to TL 9.5 billion compared at the same period of the previous year, increased by 21 percent to TL 693 million. Tofas, in line with the results of all time has reached the highest financial value of six months.
Tofas in the first 6 months 175 thousand production units with Turkey achieved 21 percent of the total output of the automotive industry. Fiat Egea constituted 84 thousand of the total production. During the first half produced by means of 140 thousand units of the issuer Tofas, in 20 percent of total exports of Turkey alone in
-. «5 1 TOTAL AUTOMOTIVE PRODUCTION AND EXPORTATION Tofas Tegos Top Management (CEO) Cengiz Eroldu, whose views are mentioned in his statement, said that the 50th anniversary of Tofaş was an entry strong in 2018 and that "this year, in accordance with the targets we set ourselves at the beginning of the year, the production and exports of the country's auto industry and we realized the production and exports of our country about 5 out of 1. The foreign trade we created during the first 6 months reached 713 million dolars.We are delighted to continue to create value for the country's economy. "
Eroldu pointed out that they reached the highest business value of the first half with 9.5 billion pounds today.
Eroldu, who reported making 40.5 thousand sales in the first half of the year in the first half of the year,
"Despite the shrinking domestic market, our market share with the brands we represent was 11.5% in the direction of our expectations.In this period, Fiat Egea continued its performance with a market share of only 6.6 %.Hatchback and Station Wagon were the basic effect created by launches on foreign markets and production and export figures were achieved with 11.9% of production and 8.9% of exports in the same rate of rotation in parallel with the contraction of the Domestic market this year.We are planning in motion.Turkey to invest in our country as one of the most solid companies in the automotive industry, our industry forward, we will continue to contribute to the transport of all our forces and the national economy.We will continue to invest in R & D, technology and human resources for the sustainability of our business. "
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