Penta Teknoloji Increases Turnover by 84 Percent in First Quarter of 2023
Penta Teknoloji, a company that has been bringing the best technology brands to consumers for more than 30 years, has announced an impressive financial start to 2023. According to the company’s financial results released on the Public Disclosure Platform (KAP), Penta Teknoloji has achieved an 84 percent increase in consolidated turnover in the first quarter compared to the same period last year. The company’s consolidated turnover reached TL 3.6 billion, with the gross profit increasing to TL 254.7 million in the same period.
Fatih Erünsal, the General Manager of Penta Teknoloji, said that they continue to grow in terms of market size and profitability in the IT sector and that the growth momentum continues in the technology products market. Erünsal attributed this success to the digital transformation investments made by companies in different sectors and the increase in demand in the individual customer segment. He also said that Penta Teknoloji will continue to provide value-added services to its business partners with its technological infrastructure and produce solutions that will make them more efficient, profitable, and competitive.
Penta Teknoloji’s EBITDA increased by 56 percent to TL 169.3 million in the first quarter, with an EBITDA margin of 4.7 percent. The company achieved a consolidated net profit of TL 82.3 million in the same period.
Penta Teknoloji offers a wide range of products, including computers, software, printing solutions, servers, data storage, and network products, from some of the world’s leading technology brands, making them available to consumers in Turkey. Penta Teknoloji’s strong financial start to 2023 is a testament to its dedication to providing quality products and services to its customers.