Penta Teknoloji Achieves Record-High Profit
16.08.2023
Having reached a revenue of TRY 7.2 billion in the first half of 2023, Penta Teknoloji increased its gross profit to TRY 525.4 million and achieved a profit before tax of TRY 215.1 million.
After a successful sales term, Penta Teknoloji achieved a year-on-year increase of 77.6 percent in its first-half consolidated revenue, reaching TRY 7.2 billion. Increasing its EBITDA to TRY 368.5 million by 66 percent, the company achieved a margin of 5.1 percent.
Erünsal: “We continuously increase our market share in the technology and informatics industries.”
Penta Teknoloji General Manager Fatih Erünsal said: “We maintained the revenue and profitability momentum we achieved in the first quarter of 2023 with a strong start into the second quarter. Companies’ digital transformation investments and the continued demand in the personal customer segments had an impact on our highly successful financial results. We observe an increased demand for consumption-focused solutions based particularly on big data, cloud, IoT, artificial intelligence, efficiency, automation, e-commerce, cybersecurity, gaming, and subscription. As Penta Teknoloji, we maintain our rapid capital, market size, and profitability growth in the technology and informatics industries. We will continue investing in the industry with the innovative solutions we offer to our customers and adding value to the Penta brand by continuously increasing our market share.”
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Fatih Erünsal