Edition:
United Kingdom

Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.IS)

KARSN.IS on Istanbul Stock Exchange

1.48TRY
12 Dec 2017
Change (% chg)

-0.01TL (-0.67%)
Prev Close
1.49TL
Open
1.50TL
Day's High
1.51TL
Day's Low
1.46TL
Volume
34,671,559
Avg. Vol
65,934,998
52-wk High
2.35TL
52-wk Low
0.92TL

Latest Key Developments (Source: Significant Developments)

Karsan Otomotiv Q3 net result turns to net profit of 7.7 million lira
Thursday, 9 Nov 2017 

Nov 9(Reuters) - KARSAN OTOMOTIV SANAYII ::REPORTED ON WEDNESDAY Q3 NET PROFIT OF 7.7 MILLION LIRA VERSUS NET LOSS OF 31.6 MILLION LIRA YEAR AGO .Q3 REVENUE OF 291.7 MILLION LIRA VERSUS 172.5 MILLION LIRA YEAR AGO .  Full Article

Karsan Otomotiv parent company Kiraca Holding is potential investor in Turkey's Automotive Project
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - KARSAN OTOMOTIV ::ITS PARENT COMPANY KIRACA HOLDING IS POTENTIAL INVESTOR IN TURKEY'S AUTOMOTIVE PROJECT .KIRACA HOLDING SIGNS JOINT VENTURE GROUP PROTOCOL FOR TURKEY'S AUTOMOTIVE PROJECT.  Full Article

Karsan signs MoU with Morgan Olson for production and marketing of vehicles in North America
Monday, 9 Oct 2017 

Oct 9 (Reuters) - KARSAN OTOMOTIV SANAYI VE TICARET AS ::SAID ON FRIDAY SIGNED MEMORANDUM OF UNDERSTANDING WITH MORGAN OLSON FOR THE PURPOSE OF CARRYING OUT THE COMMERCIALIZATION, FINAL ASSEMBLY, PRODUCTION, SALES AND AFTER-SALES SERVICES OF KARSAN VEHICLES, PARTICULARLY THOSE DESIGNED FOR USPS, IN NORTH AMERICA .IN THE CASE KARSAN WINS USPS CONTRACT THE PRODUCTION AND AFTER SERVICES OF CARGO VEHICLES TO BE PRODUCED IN THE USA WILL BE CARRIED OUT EXCLUSIVELY BY MORGAN OLSON,.SECURES 25.0 MILLION EUROS CREDIT FROM AKBANK WITH 2 YEARS MATURITY.  Full Article

Karsan Q2 net loss widens to 33.9 million lira
Friday, 19 Aug 2016 

Karsan Otomotiv Sanayii ve Ticaret AS : Q2 revenue of 165.7 million lira ($56.47 million) versus 224.5 million lira year ago .Q2 net loss of 33.9 million lira versus loss of 13.7 million lira year ago.  Full Article

Karsan Otomotiv decides to buy 5 percent of Industria Italiana Autobus
Monday, 8 Aug 2016 

Karsan Otomotiv Sanayii Ve Ticaret As : Decides to buy 5 percent of Industria Italiana Autobus S.p.A.(IIA) through capital increase . Says to participate in the capital increase with total 1.5 million euros ($1.66 million) .Decides to allocate up to 10 pct of Hasanaga Factory capacity to IIA for 9 years in return for 850,000 euros that will be paid by IIA.  Full Article

Karsan Otomotiv appoints Okan Bas as CEO as of July 1
Friday, 17 Jun 2016 

Karsan Otomotiv : CEO Murat Selek resigns as of June 30 .Appoints Okan Bas as CEO effective of July 1.  Full Article

Karsan Otomotiv Sanayii ve Ticaret AS Proposes not to pay dividend for FY 2015
Thursday, 31 Mar 2016 

Karsan Otomotiv Sanayii ve Ticaret AS:Proposes not to pay dividend for FY 2015.  Full Article

BRIEF-Karsan Otomotiv Q3 net result turns to net profit of 7.7 million lira

* REPORTED ON WEDNESDAY Q3 NET PROFIT OF 7.7 MILLION LIRA VERSUS NET LOSS OF 31.6 MILLION LIRA YEAR AGO