Business

Penta Teknoloji increased its turnover by 84% in the first quarter of the year

In the first quarter of 2023, Penta Teknoloji increased its consolidated turnover by 84% compared to the same period of the previous year, reaching ₺3.6 billion.

According to the statement made by the company, Penta Teknoloji, which has brought the world’s leading technology brands and information technology products together with consumers for more than 30 years, especially in computers, software, printing solutions, servers, data storage and network products, announced its 2023 first quarter financial results on the Public Disclosure Platform (KAP).

The consolidated turnover of Penta Teknoloji in the first three months of the year increased by 84% compared to the same period of the previous year and reached ₺3.6 billion. Increasing its gross profit to ₺254.7 million in the same period, Penta Teknoloji’s EBITDA increased by 56% to ₺169.3 million and its EBITDA margin was 4.7%. Penta Teknoloji, which achieved a consolidated net profit of ₺82.3 million in the first quarter, made a strong start to 2023.

“We continue to provide added value to our business partners”

Penta Teknoloji General Manager Fatih Erunsal, whose views are included in the statement, stated that they continue to grow in terms of market size and profitability in the IT sector, and said:

“The growth momentum in the technology products market in which we operate continues. Thanks to the digital transformation investments of companies in different sectors and the increase in demand in the individual customer segment, we, as Penta Teknoloji, maintain our steady growth in the sector. We continue to provide added value to our business partners. In 2023, when we made a strong financial start, we will continue to produce solutions that will make our business partners more efficient, profitable and competitive with our technological infrastructure and value-added services.”

Source: AA / Prepared by Irem Yildiz

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