Bringing the world’s leading technology brands together with Turkey, Penta Technology increased its consolidated turnover by 40 percent in the first nine months of 2024 compared to the same period last year, reaching 16.8 billion TL.
Penta Technology continued its strong financial performance in the first two quarters of 2024 in the third quarter. Penta Technology announced its consolidated turnover for the first nine months as 16.8 billion TL, an increase of 40 percent compared to the same period last year. Increasing its gross profit to 1.2 billion TL in the same period, Penta Technology’s EBITDA increased by 11 percent to 681 million TL, and its EBITDA margin was 4 percent. Penta Technology made a pre-tax profit of 243 million TL in this period.
Fatih Erünsal: “We continue to move forward with strong steps in our 34th year.”
Penta Technology General Manager Fatih Erünsal He said the following about the financial results: “While we strengthen our value-added innovative position in the sector with our financial performance, we continue our stable growth with the vision of ‘Happiness of all stakeholders’. In 2024, we planned to further strengthen our ties with our business partners and ensure that they access the products they need safely and through a single channel. As we enter the last quarter of the year, we are happy to see that we have successfully achieved these goals. While contributing to Turkey’s digital transformation, we continue to offer unique services to our business partners and take important steps to increase efficiency and innovation by placing digitalization at the center of our business processes. “As we celebrate our 34th anniversary in November as Turkey’s leading value-added technology company, we believe that we will carry out successful projects for many years with our focus on continuous development, our ability to be open to innovation and our values.”
Source: www.technopat.net
