TOFAŞ 2023 ANNUAL REPORT
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KEY FINANCIAL AND OPERATIONAL HIGHLIGHTS

In 2023 Tofaş bolstered its strong position in the Turkish automotive industry with TL 127.6 billion in sales and a home market share of 15.7%.

OPERATIONAL HIGHLIGHTS

 

2022

2023

Export Sales (TL thousand)

 

56,580,671

25,124,652

Domestic Sales (TL thousand)

 

64,404,976

97,507,870

Other Income from Operational Activities (TL thousand)

 

3,033,409

4,968,478

Cumulative Production Volume (units)

 

263,747

239,428

Sales (units)

 

270,271

261,288

 

FINANCIAL HIGHLIGHTS(TL THOUSAND)

 

2022

2023

Total Assets

 

73,799,094

78,667,295

Shareholders’ Equity

 

25,849,068

36,879,584

Sales Revenues

 

124,019,056

127,601,00

EBITDA

 

18,115,118

19,666,722

Profit Before Tax

 

10,778,351

18,326,525

Net Profit

 

9,374,039

15,083,439

 

88% Share of local production in domestic sales

16.3%Tofaş’s share in Türkiye’s automotive production

60 thousandNumber of vehicles exported in 2023

the leader for 5 yearsFiat is the leader in passenger and light commercial vehicles for 5 years.

15.7%The leader of Türkiye’s automobile market with the Fiat brand

8 yearsThe most preferred automobile in Türkiye for 8 years in a row.

100%Waste recovery

0.290 tonCO2eqEmissions per vehicle produced

2.61 m3/vehicle Water consumption per vehicle