Karsan Otomotiv Sanayii Ve Ticaret A.s.BIST: KARSN

KARSN: Q2 2024 saw higher revenue and EBITDA, but losses deepened amid investment and tax impacts

· Issued by Karsan Otomotiv Sanayii Ve Ticaret A.s.

Revenue and EBITDA grew in Q2 2024, but net losses widened due to negative investment results and tax adjustments. 2024 guidance targets 9-10 billion TL revenue and 2-3% net margin, with a focus on electric vehicles.

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