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Tofas A.S. (Turkey)

Main Activities: Automotive Parts, Accessories, and Tire Stores | New Car Dealers | Automobile Manufacturing
Full name: Tofas Turk Otomobil Fabrikasi Anonim Sirketi Profile Updated: August 07, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Turkish 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.

Headquarters
Buyukdere Caddesi Tofas Han No: 145 Zincirlikuyu
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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Ratings:
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Incorporation Date:
October 01, 1968
Key Executives
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Chairman of the Management Board
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Vice Chariman
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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37.8%
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37.5%
Subsidiaries
FER MAS Oto Ticaret A.S.
100%
KOC Fiat Kredi Finansman A.S.
99.9%
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
-2.15%
Total operating revenue
-4.62%
Operating profit (EBIT)
27.4%
EBITDA
16.19%
Net Profit (Loss) for the Period
5.81%
Total assets
-1.22%
Total equity
9.14%
Operating Profit Margin (ROS)
2.02%
Net Profit Margin
0.58%
Return on Equity (ROE)
-0.66%
Debt to Equity Ratio
-22.25%
Quick Ratio
0.04%
Cash Ratio
0.03%

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