Karsan Otomotiv Says It Terminates Agreement With Türk Traktor By Mutual Agreement
· Issued by Karsan Otomotiv Sanayii Ve Ticaret A.s.
Karsan Otomotiv Sanayii ve Ticaret BIST:KARSN:
KARSAN OTOMOTIV SANAYII VE TICARET AS - TERMINATES AGREEMENT WITH TÜRK TRAKTÖR
KARSAN OTOMOTIV - TRACTOR CAB PRODUCTION ACTIVITY CARRIED OUT WITHIN THIS FRAMEWORK HAS ENDED AS OF TODAY
KARSAN OTOMOTIV - TERMINATION OF THESE ACTIVITIES IS NOT EXPECTED TO HAVE ANY SIGNIFICANT OR ADVERSE EFFECT ON FINANCIAL POSITION
Earlier from Karsan Otomotiv Sanayii Ve Ticaret A.s
- KARSN: Net loss of 300,242 TL on lower revenue, but improved margins and positive operating profit
- KARSN: Sharp revenue drop and net loss amid high leverage, FX risk, and new debt issuance
- KARSN: Sharp decline in revenue, profitability, and capacity utilization, with rising net debt
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