Future Asset announced record profit

Future Asset announced record profit

Future Asset Management, the leading company in the asset management industry, announced its financial results for the fourth quarter of 2023.

Continuing its steady growth, Gelen Varlık increased its total collection by 115.5 percent to 2 billion 611.9 million TL compared to the same period of the previous year, and its equity capital by 49.7 percent to 1 billion 639.3 million TL.

Achieving an EBITDA figure of 1 billion 694.8 million TL with an increase of 114.2 percent in this period, Gelen Varlık increased its net profit to 855.1 million TL with an increase of 118.9 percent.

The amount of non-performing receivables that Future Asset Management took over from the banking sector in 2023 was 2 billion 825.4 million TL. The total principal purchased by the company increased to 23.6 billion TL, and the total investment amount increased to 3.6 billion TL.

“WE WILL CONTINUE OUR GROWTH MOMENTUM IN 2024 WITH OUR SOLUTION FOCUS”

Sezin Ünlüdoğan, General Manager of Future Asset Management, made the following statements in her statement regarding the fourth quarter results:

“We continued our growth streak and performance in 2023 in the last quarter of the year. As Gelen Varlık, we are taking steady steps towards our sustainable growth and reinforcing the trust we give to our investors. We create strategies to best manage the upcoming growth process with our service approach and strong human resources. “We will continue the stable growth of our company with our solution focus and investments in 2024.”



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