Dogus Otomotiv Servis ve Ticaret AS said its normalized net income for the first quarter came to 46 kurus per share, compared with the S&P Capital IQ consensus estimate of 29 kurus per share.
EPS increased year over year from 9 kurus.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 100.3 million lira, a gain from 19.6 million lira in the year-earlier period.
The normalized profit margin climbed to 4.6% from 1.4% in the year-earlier period.
Total revenue grew 60.6% year over year to 2.18 billion lira from 1.35 billion lira, and total operating expenses grew 54.6% on an annual basis to 2.03 billion lira from 1.31 billion lira.
Reported net income grew year over year to 132.2 million lira, or 60 kurus per share, from 26.5 million lira, or 12 kurus per share.
As of May 11, US$1 was equivalent to 2.69 Turkish lira.
