The turnover of the Turkish defense giant Aselsan in the first nine months of 2021 amounted to 10.3 billion Turkish lira (1.05 billion dollars), which is 22% more than in the same period last year.
The company also published a record profit of 3.1 billion Turkish lira, reported in the internal report, which quotes Sabah.
While the gross profit Aselsan increased by 52% compared to the same period of the previous year; Profit before the deduction of interest, taxes, wear and depreciation (EBITDA) increased by 36% year in annual terms, reaching 2.5 billion Turkish lira. The profitability in the EBITDA indicator was 24%.
However, the total amount of balance orders rose to 9.3 billion dollars.
Haluk Herghun, Chairman of the Board and General Director of Aselsan, said that the company continues to create useful things for the future country with all interested parties.
“Our work continued continuously, believing that independence in defense technologies will continue to increase in sustainable growth. Our company continued its stable and profitable growth. If you compare the first nine months of this year with the same period last year, it is expected that it is expected that A positive trend that is visible in almost all of our financial indicators will increase by the end of the year, “he stressed.
Herghun noted that Aselsan increased the number of new business orders by 78% year after the period under review.