What are Tofaş and Otokar's expectations for the 3rd quarter?

Expected 3rd Quarter Results from Tofaş and Otokar

Today in Borsa Istanbul, the financial statements for the 3rd quarter of Tofaş (TOASO) and Otokar (OTKAR) are expected to be announced. Some predictions regarding the financial performance of these two companies have already surfaced in the markets.

Expected Financial Indicators for Tofaş

The expectations for Tofaş's 3rd quarter balance sheet are quite optimistic. The company is expected to announce a net profit of 1.61 billion TL for this period. Additionally, Tofaş's net sales revenue is anticipated to be 89.12 billion TL, and its EBITDA is expected to be 3.13 billion TL. These figures imply significant increases in Tofaş's annual net profit of 287.14%, net sales revenue of 183.59%, and EBITDA of 782.76%.

Otokar's Situation and Predictions

On the other hand, Otokar faces both challenges and opportunities in this quarter. Otokar is expected to report a net loss of 373 million TL in its 3rd quarter balance sheet. The company's net sales revenue is expected to be 9.81 billion TL, with an EBITDA of 332 million TL. These figures indicate a year-on-year increase of 0.89% in net sales, but it also includes a 319.62% decrease in EBITDA.

Thus, the 3rd quarter reports of Tofaş and Otokar stand out as important data that investors will closely monitor. The financial performances of the companies may influence the overall market situation and investor decisions.

We emphasize that this information is not investment advice.