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Tofas A.S. (Turkiye)

Main Activities: Automobile Manufacturing | New Car Dealers | Automotive Parts, Accessories, and Tire Stores
Full name: Tofas Turk Otomobil Fabrikasi Anonim Sirketi Profile Updated: March 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Tofas was founded with production capacity of 20.000 cars/year as Turkish-Italian partnership in 1968 and started serial production in 1971. Nowadays the company manufactures, assembles and distributes passenger cars, light commercial vehicles and spare parts under the Fiat license. Tofas’s manufacturing facilities are located at Bursa and has production capacity of 250 thousand cars a year. In addition to Fiat branded cars and commercial vehicles, Tofas provides sales and after-sales services for Alfa Romeo, Lancia, Ferrari and Maserati branded vehicles.

Legal Address
Buyukdere Street No:145, Zincirlikuyu, Sisli
Istanbul; Marmara; Postal Code: 34394

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Website: http://www.tofas.com.tr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 01, 1968
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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37.85%
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0.233%
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0.035%
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0.03%
Subsidiaries
Fer Mas Oto Ticaret A.S.
Koc Fiat Kredi Tuketici Finansmani A S
Koc Fiat Sigorta Aracilik Hizmetleri A.S.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
95.01%
Total operating revenue
80.45%
Operating profit (EBIT)
49.05%
EBITDA
85.65%
Net Profit (Loss) for the Period
76.16%
Total assets
94.84%
Total equity
225.97%
Operating Profit Margin (ROS)
-3.15%
Net Profit Margin
-1.24%
Return on Equity (ROE)
-34.78%
Debt to Equity Ratio
10.21%
Quick Ratio
0.27%
Cash Ratio
0.24%

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