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Galata Wind's profit before tax in the 3rd quarter of 2024 was TRY 925 million04.11.2024

Galata Wind's profit before tax in the 3rd quarter of 2024 was TRY 925 million Galata Wind, one of the leading names in Turkey's renewable energy sector, posted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of TRY 1,215 million at the end of the third quarter. This result was driven by fluctuations in energy prices and increased use of renewable energy sources. EBITDA margin showed that the company maintained its operational efficiency despite the fluctuations in the sector, while the pre-tax profit of the company was recorded as TRY 925 million in the same period. Commenting on the company's first 9-month financial results, Galata Wind CEO Burak Kuyan said: "In the current state of the Turkish electricity market, the importance of renewable energy emerges once again and more strongly. As Gal...

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Neslihan SADIKOĞLU
‍Vice President, Corporate Communications & Marketing

Doğan Şirketler Grubu Holding A.Ş.

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