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Tofas Turk Otomobil Fabrikasi AS (TOASO.IS)

TOASO.IS on Istanbul Stock Exchange

17.80TRY
22 Aug 2019
Change (% chg)

0.24TL (+1.37%)
Prev Close
17.56TL
Open
17.60TL
Day's High
18.04TL
Day's Low
17.29TL
Volume
1,604,946
Avg. Vol
930,310
52-wk High
23.54TL
52-wk Low
15.05TL

Latest Key Developments (Source: Significant Developments)

Tofas Q2 Net Profit Rises To 408.5 Million Lira YoY
Wednesday, 31 Jul 2019 

Aug 1 (Reuters) - TOFAS TURK OTOMOBIL ::SAID ON WEDNESDAY Q2 NET PROFIT AT 408.5 MILLION LIRA VERSUS 368.0 MILLION LIRA YEAR AGO .Q2 REVENUE AT 5.29 BILLION LIRA VERSUS 5.05 BILLION LIRA YEAR AGO .  Full Article

Tofas Expects To Invest Around $225 Million By The End Of 2020 Regarding Facelift Investment Of Egea / Tipo Car Family
Wednesday, 8 May 2019 

May 8 (Reuters) - TOFAS ::DECIDES TO START THE FACELIFT INVESTMENT OF THE EGEA / TIPO CAR FAMILY PRODUCED AT THE TOFAS BURSA PLANT.WITH THE MATERIAL DISCLOSURES DATED 25.10.2013 AND 6.11.2014, DURATION OF PUBLICLY DISCLOSED PROJECT HAS BEEN EXTENDED UNTIL THE END OF 2024.IT IS FORESEEN TO INVEST APPROXIMATELY $225 MILLION BY THE END OF 2020.IT IS PLANNED TO START PRODUCTION OF NEW VEHICLES IN THE LAST QUARTER OF 2020.WITH CONTRIBUTION OF NEW INVESTMENT, TOTAL OF 1 MILLION 450 THOUSAND PIECES OF PRODUCTION, 70% OF WHICH IS FOR EXPORT MARKETS, IS TARGETED DURING PROJECT PERIOD OF 2015-2024.1 MILLION 300 THOUSAND PIECES OF PRODUCTION TARGETED FOR 2015-2023 PERIOD HAVE BEEN REALIZED AS APPROXIMATELY 530 THOUSAND UNITS UP TO NOW .  Full Article

Tofas Q1 Net Profit Slightly Down At 324.7 Million Lira
Monday, 29 Apr 2019 

April 29 (Reuters) - TOFAS TURK OTOMOBIL FABRIKASI AS ::Q1 NET PROFIT OF 324.7 MILLION LIRA VERSUS 325.0 MILLION LIRA YEAR AGO.Q1 REVENUE OF 3.98 BILLION LIRA VERSUS 4.44 BILLION LIRA YEAR AGO.  Full Article

Tofas Proposes To Pay Cash Dividend At Net 1,50 Lira Per Share On March 19
Wednesday, 13 Mar 2019 

March 14 (Reuters) - TOFAS TURK OTOMOBIL ::SAID ON WEDNESDAY PROPOSES TO PAY CASH DIVIDEND AT NET 1,50 LIRA PER SHARE ON MARCH 19 .  Full Article

Tofas Announces 2019 Expectations
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - TOFAS TURK OTOMOBIL FABRIKASI AS ::EXPECTS 2019 INVESTMENTS TO BE 140 MILLION EUROS.EXPECTS 2019 PRODUCTION VOLUME 253K- 260K UNITS.EXPECTS 2019 DOMESTIC RETAIL SALES: 40K - 45K UNITS.EXPECTS 2019 DOMESTIC LIGHT VEHICLE MARKET (PC+LCV): 380K - 400K UNITS.  Full Article

Tofas FY Net Profit Rises To 1.33 Billion Lira
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - TOFAS TURK OTOMOBIL FABRIKASI AS ::FY NET PROFIT OF 1.33 BILLION LIRA VERSUS 1.28 BILLION LIRA YEAR AGO.FY REVENUE OF 18.60 BILLION LIRA VERSUS 17.47 BILLION LIRA YEAR AGO.  Full Article

Tofas Fabrizio Renzi To Take Place Of Stefano Reganzani As CFO‍​
Friday, 30 Mar 2018 

March 30 (Reuters) - TOFAS ::FABRIZIO RENZI TO TAKE PLACE OF STEFANO REGANZANI AS CFO‍​.STEFANO REGANZANI TO BE APPOINTED TO ANOTHER DUTY IN FCA GROUP‍​.  Full Article

Tofas To Appoint Mehmet Omer Koc As Chairman
Friday, 16 Mar 2018 

March 19 (Reuters) - TOFAS ::SAID ON FRIDAY DECIDES TO APPOINT MEHMET OMER KOC AS CHAIRMAN.TO APPOINT SERGIO MARCHIONNE AS VICE CHAIRMAN.  Full Article

Tofas To Pay Dividend At Net 1.36 Lira Per Share For FY 2017 ‍​
Friday, 16 Feb 2018 

Feb 16 (Reuters) - TOFAS ::PROPOSES TO PAY DIVIDEND AT NET 1.36 LIRA PER SHARE FOR FY 2017 ‍​.  Full Article

Tofas FY 2017 Net Profit Increases To 1.28 Bln Lira And Outlook
Friday, 2 Feb 2018 

Feb 2 (Reuters) - TOFAS TURK OTOMOBIL ::REPORTED ON THURSDAY FY 2017 NET PROFIT AT 1.28 BILLION LIRA VERSUS 970.2 MILLION LIRA YEAR AGO.FY 2017 REVENUE AT 17.47 BILLION LIRA VERSUS 14.24 BILLION LIRA YEAR AGO.EXPECTS DOMESTIC RETAIL SALES AT 110,000 - 120,000 UNITS AND PRODUCTION VOLUME AT 370,000 - 390,000 UNITS IN FY 2018.EXPECTS INVESTMENTS AT 150.0 - 170.0 MILLION EUROS IN FY 2018.  Full Article

BRIEF-Tofas Says Plant Will Not Be Manufacturing Between August 5 - August 25

* SAID ON TUESDAY PLANT WILL NOT BE MANUFACTURING FROM AUGUST 5 - AUGUST 25 DUE TO ANNUAL LEAVE OF MOST OF PERSONNEL