Penki Kontinentai group announced that its income in 1Q’2016 was €8.369 million. This is 24 per cent more compared to the same period last year (€6.463 million). The group's unaudited profit before tax for 1Q’2016 rose to €828 thousand, compared to €122 thousand a year ago.
According to Idrakas Dadašovas, the Penki Kontinentai group of companies’ board chairman, the significant revenue and profit growth became possible due to successful implementation of current projects as well as new solutions and outsourcing services. "We have expected such a result. Besides, I am confident that in the end of this year the final figures will be even better. We are starting new projects in Turkmenistan, where Asian Games will be held in 2017 – and we are looking for new opportunities in Georgia and Azerbaijan. We are also searching for new markets in Nigeria, Malaysia, Singapore and other world countries", Mr. Dadašovas said.
Penki Kontinentai group of companies has been active in banking, retail and ICT sectors for more than 25 years. Its products and services are sold in over 65 countries worldwide.