While ASELSAN’s
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) was 1
billion TL, its net profit increased by 36 per cent compared to the same period
of the previous year and reached 1.7 billion TL. The company continued to
maintain its strong equity structure, and the equity-to-asset ratio was 56 per
cent.
Evaluating ASELSAN’s
financial results for the first quarter of 2022, ASELSAN Chairman, President
and CEO Professor Haluk Görgün said: “While putting our advanced technologies
at the service of the world, we have not forgotten to fulfil our responsibility
to our country. We left behind another quarter in which we continued to
contribute to our economy. As of the end of the first quarter of 2022, our
company’s balance orders amounted to 8.3 billion USD.