Penta Technology Recorded a Great Increase in Profitability and Turnover
Penta Technology continued its record financial performance in 2023 in the first three months of this year. The company carried its strong financial position in 2023 and its successes in profitability and turnover to 2024. While Penta Technology’s consolidated turnover for the first three months was 6 billion TL, an increase of 69 percent compared to the same period of the previous year, the gross profit was also a profit. It amounted to 434.9 million TL in total, with an increase of 71 percent compared to the same period of the previous year. Penta Technology’s EBIT in the first three months of 2024 increased by 53 percent and reached 258.2 million TL, and its EBIT margin was 4.3 percent. Penta Technology earned a pre-tax profit of 84.2 million TL in the same period.
Fatih Erünsal: “We are Turkey’s leading value-added technology distributor”
Penta Technology General Manager Fatih Erünsal, stated that the company has managed to become one of the strongest and most reliable brands in Turkey in its 34-year journey and presented its first three-month financial results. He commented: †Today, with our business partnerships with more than 40 global and local technology brands, we are Turkey’s leading company with our high operational capability, experienced teams, digital infrastructure and services. We are a value-added technology distributor. We prioritize the growth of our business partners at every step we take in the sector in which we operate. While we make a difference in the industry with our services such as Penta Integration, Penta Subscription Management, Penta Depom, Penta Technology Centers, we continue to offer innovative product and solution options and digitalization to meet the needs of our customers. go to sleep We will continue to maintain our strong growth in terms of market size and profitability with our investments. â€