ASELSAN reported third quarter financial results for 2020.
ASELSAN reached third-quarter revenue of 3 billion TL while the its turnover grew by 10% reaching 8.4 Billion TL.
In the video shared by ASLESAN on its twitter account, came the following statements:
"ASELSAN reached third-quarter revenue of 3 billion TL. The company's turnover grew by 10% reaching 8.4 Billion TL. Our gross profit increased by 21% compared to the same period of the last year. EBITDA increased by 17% reaching 1.816 Million TL. ASELSAN's equity grew by 20% compared to the end of the year exceeding 16 Billion TL.
ASELSAN received new orders worth $ 746 million in the first 9 months of 2020. Shareholder Equity Ratio increased to 56% at the end of the 9-month period. Despite the negative effects of the pandemic, we employed new 1,100 employees in the first 9 months of the year reaching 8,371 employees in total."