While ASELSAN’s profit increased by 42% in the first 6 months of this year, its turnover grew by 67% and reached ₺18.1 billion.
According to the statement made by ASELSAN, the company’s gross profit increased by 68% compared to the first half of last year, while its profit before interest, depreciation and tax (EBITDA) increased by 62% compared to the same period of the previous year and reached ₺4.4 billion.
The EBITDA margin was 24%. ASELSAN’s net profit increased by 42% compared to the same period of the previous year and reached ₺5.4 billion. ASELSAN’s 6-month turnover increased by 67% compared to the same period of the previous year and reached ₺18.1 billion.
The ratio of the company’s equity to assets was recorded as 51%.
“ASELSAN’s balance orders reached $8.4 billion”
ASELSAN General Manager Ahmet Akyol, whose views were included in the statement, emphasized that the company continues its sustainable growth.
Emphasizing that ASELSAN continues to write new success stories in the first 6 months of the year, Akyol said, “We left the first half of this year behind with a high profitability rate and success. In the first half of 2023, when we signed new contracts, ASELSAN’s balance orders reached $8.4 billion. In the first 6 months of 2023, we paid approximately ₺17.8 billion to our suppliers. In the first 6 months of the year, we successfully completed the nationalization of 68 products. While leading Turkiye in military technology, we have increased the number of products we have nationalized to 738 in the last 5 years. Thus, we ensured that a size of over $900 million remained in our country.”
Akyol informed that they also signed important export contracts in the 6-month period.
Noting that they will see the positive reflections of these contracts in the upcoming periods, Akyol said, “We want to increase our exports, focus on high technology and reach a higher nationality rate in the coming period.”
Emphasizing that they continue to be Turkiye’s national power in terms of sustainability while maintaining steady growth, Akyol said:
“For this reason, we adopt the vision of being a technology company that maintains its sustainable growth, is preferred with its competitive power, is trusted, and is sensitive to the environment and people. While we undertake important tasks in many different areas of life with the advanced technologies we produce, we also prioritize sustainability. With the highly competitive solutions we offer to our users at home and abroad, we will provide the highest inputs to our country’s value-added export targets. With the strength we derive from our nation, we will continue to undertake groundbreaking national projects.”
Source: AA / Prepared by Irem Yildiz