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Incredible Profit From Tofas in 2019 !!!

Tofas CEO Cengiz Eroldu said, "As Tofas, we continued to contribute to the country's economy

Incredible Profit From Tofas in 2019 !!!
Yazar: Zack Smith

Yayınlanma: 12 Şubat 2020 12:05

Güncellenme: 24 Nisan 2024 20:30

Tofas CEO Cengiz Eroldu said, "As Tofas, we continued to contribute to the country's economy by providing export revenue of $ 2.3 billion and a foreign trade surplus of $ 919 million in 2019. The foreign trade surplus we created in the last 10 years has reached $ 7 billion."

In 2019, Tofaş increased its net profit by 11.5 percent compared to the previous year, to 1.5 billion TL. According to the statement made by Tofas, the scope of last year's structural and product innovations 107 million euros invested Tofas, the band factory in Bursa download the 264 thousand vehicles to 18 percent of the automotive industry production, 194 thousand while the 145 units of exports percent of Turkey's exports of automotive 15 performed alone. Tofas' revenues in 2019 increased by 1.6 percent compared to the previous year and reached 18.8 billion TL. In the same period, Tofas increased its net profit by 11.5 percent compared to the previous year, to 1.5 billion TL. Tofas also achieved an export revenue of $ 2.3 billion in 2019 and continued to contribute to the country's economy by giving foreign trade surplus of $ 919 million. In the last 10 years, it has created a foreign trade surplus of approximately 7 billion dollars. Cengiz Eroldu, Senior Manager (CEO) of Tofas, who expressed their pride in the statement, stated that they are proud of the successes on a global scale, and within the scope of the WCM program, which set global standards in the production activities of international organizations involving 400 plants affiliated to Fiat Chrysler Automobiles (FCA), He stated that the factories that received the title increased their current score in 2019 and reached the highest level among the automobile factories within FCA. Erol, Turkey's leading and FCA, one of the two R & D centers in the EMEA region Tofaş R & D, organizations from gerçekleştirdiklerini infrastructure investment exceeding 58 million euros until 2019, 2019 in the 25th year anniversary of R & D reported that they invested 10m euros in additional testing equipment. Eroldu indicating that last year's 15.9 percent market share, with Turkey leading passenger car and light commercial vehicle of the total market, "Alfa Romeo and our Jeep brand by maintaining its sales volume in the shrinking market has succeeded in increasing their market share." used the expression. "WE WILL PROTECT OUR STABLE PERFORMANCE IN 2020" Cengiz Eroldu, 2019 in sports in order to contribute to social development alongside economic value, education, culture and the long-term social responsibility projects in the art axis also said they continue, in 2020, Turkey reported the total market they expect the closing of 560-600 thousand levels. Eroldu said, "In 2020, we will continue to increase our investments more than twice compared to last year. We will maintain our stable performance by carrying our success in a challenging year like 2019 to 2020."
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