Penta Teknoloji’s Revenue Increases By 57.4 Percent In The First Half Of The Year, Reaching TRY 2.5 Billion
17.08.2021
Bringing the products of world’s leading technology brands to Turkish consumers, Penta Teknoloji’s consolidated revenue in the first 6 months of the year reached TRY 2.5 billion by a year-on-year increase of 57.4 percent.
Bringing the world’s leading brands and their information technology products including computers, software, printing solutions, servers, data storage and network products to consumers for more than 30 years, Penta Teknoloji has reported its financial results for the first six months of 2021 to Public Disclosure Platform (KAP). Penta Teknoloji’s consolidated revenue in the first half of the year reached TRY 2.5 billion by a year-on-year increase of 57.4 percent. Increasing its gross profit to TRY 179 million in the same period, Penta Teknoloji achieved an EBITDA of TRY 132.5 million and an EBITDA margin of 5.2 percent. Penta Teknoloji, whose initial public offering was completed in May this year, generated a consolidated net profit of TRY 32.1 million in the first half of the year.
Özçelik: “We drive the digital transformation of our country as we add value to our company by strengthening our financial structure”
Commenting on the company’s financial results for the first half, Penta Teknoloji General Manager Mürsel Özçelik said: “As one of the most important players in the IT sector, which has gained great momentum in recent years in Turkey, Penta Teknoloji maintains its steady growth. We got off to a strong start in 2021 and completed our initial public offering which received considerable attention. We managed to increase our consolidated revenue by 57.4 percent year-on-year in the first half of the year. We will continue to drive the digital transformation of our country as we add value to our company with the support of our shareholders.”