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Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.IS)

KARSN.IS on Istanbul Stock Exchange

1.72TRY
17 May 2018
Change (% chg)

0.02TL (+1.18%)
Prev Close
1.70TL
Open
1.71TL
Day's High
1.73TL
Day's Low
1.70TL
Volume
10,285,457
Avg. Vol
77,572,771
52-wk High
2.51TL
52-wk Low
1.18TL

Latest Key Developments (Source: Significant Developments)

Karsan Q1 2018 Net Loss Shrinks To 12.9 Million Lira
Tuesday, 8 May 2018 

May 9 (Reuters) - KARSAN OTOMOTIV ::REPORTED ON TUESDAY Q1 2018 NET LOSS AT 12.9 MILLION LIRA VERSUS NET LOSS AT 16.5 MILLION LIRA YEAR AGO .Q1 2018 REVENUE AT 262.0 MILLION LIRA VERSUS 88.1 MILLION LIRA YEAR AGO .  Full Article

Karsan Says Turk Metal Labor Union To Go On Strike On Feb. 12
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - KARSAN ::TURK METAL LABOR UNION TO GO ON STRIKE ON FEBRUARY 12.  Full Article

Karsan Main Partner Kiraca Holding ‍​Appoints Inan Kirac As Chairman
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - KARSAN ::ITS MAIN PARTNER KIRACA HOLDING ‍​APPOINTS INAN KIRAC AS CHAIRMAN.  Full Article

Karsan Otomotiv Q3 net result turns to net profit of 7.7 million lira
Thursday, 9 Nov 2017 

Nov 9(Reuters) - KARSAN OTOMOTIV SANAYII ::REPORTED ON WEDNESDAY Q3 NET PROFIT OF 7.7 MILLION LIRA VERSUS NET LOSS OF 31.6 MILLION LIRA YEAR AGO .Q3 REVENUE OF 291.7 MILLION LIRA VERSUS 172.5 MILLION LIRA YEAR AGO .  Full Article

Karsan Otomotiv parent company Kiraca Holding is potential investor in Turkey's Automotive Project
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - KARSAN OTOMOTIV ::ITS PARENT COMPANY KIRACA HOLDING IS POTENTIAL INVESTOR IN TURKEY'S AUTOMOTIVE PROJECT .KIRACA HOLDING SIGNS JOINT VENTURE GROUP PROTOCOL FOR TURKEY'S AUTOMOTIVE PROJECT.  Full Article

Karsan signs MoU with Morgan Olson for production and marketing of vehicles in North America
Monday, 9 Oct 2017 

Oct 9 (Reuters) - KARSAN OTOMOTIV SANAYI VE TICARET AS ::SAID ON FRIDAY SIGNED MEMORANDUM OF UNDERSTANDING WITH MORGAN OLSON FOR THE PURPOSE OF CARRYING OUT THE COMMERCIALIZATION, FINAL ASSEMBLY, PRODUCTION, SALES AND AFTER-SALES SERVICES OF KARSAN VEHICLES, PARTICULARLY THOSE DESIGNED FOR USPS, IN NORTH AMERICA .IN THE CASE KARSAN WINS USPS CONTRACT THE PRODUCTION AND AFTER SERVICES OF CARGO VEHICLES TO BE PRODUCED IN THE USA WILL BE CARRIED OUT EXCLUSIVELY BY MORGAN OLSON,.SECURES 25.0 MILLION EUROS CREDIT FROM AKBANK WITH 2 YEARS MATURITY.  Full Article

Karsan Q2 net loss widens to 33.9 million lira
Friday, 19 Aug 2016 

Karsan Otomotiv Sanayii ve Ticaret AS : Q2 revenue of 165.7 million lira ($56.47 million) versus 224.5 million lira year ago .Q2 net loss of 33.9 million lira versus loss of 13.7 million lira year ago.  Full Article

Karsan Otomotiv decides to buy 5 percent of Industria Italiana Autobus
Monday, 8 Aug 2016 

Karsan Otomotiv Sanayii Ve Ticaret As : Decides to buy 5 percent of Industria Italiana Autobus S.p.A.(IIA) through capital increase . Says to participate in the capital increase with total 1.5 million euros ($1.66 million) .Decides to allocate up to 10 pct of Hasanaga Factory capacity to IIA for 9 years in return for 850,000 euros that will be paid by IIA.  Full Article

Karsan Otomotiv appoints Okan Bas as CEO as of July 1
Friday, 17 Jun 2016 

Karsan Otomotiv : CEO Murat Selek resigns as of June 30 .Appoints Okan Bas as CEO effective of July 1.  Full Article