Adhi Karya's Net Profit Soared 130% in 2021 After a Previous Dip

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Cindy Mutia Annur 17/03/2022 16:10 WIB

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PT Adhi Karya Tbk (ADHI) achieved a net profit of Rp 55.18 billion in 2021. This figure soared 130.15% from the same period the previous year, which was Rp 23.97 billion.

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Adhi Karya's Net Profit Soared 130% in 2021 After a Previous Dip

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Adhi Karya Net Profit 2017-2021

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PT Adhi Karya Tbk (ADHI) achieved a net profit of Rp55.18 billion in 2021. This figure soared 130.15% from the same period the previous year, which reached Rp23.97 billion.

This increase is in line with the company's revenue increase. Based on the company's financial performance report, revenue increased by 6.49% from Rp10.82 trillion to Rp11.53 trillion in 2021.

Along with the increase in operating revenue, the company's cost of goods sold also increased from Rp9.09 trillion to Rp9.77 trillion in 2021. This resulted in a slight 1.15% increase in the company's gross profit to Rp1.75 trillion.

Adhi Karya also successfully implemented efficiency measures by reducing operating expenses from Rp727.68 billion to Rp635.36 billion in 2021. As a result, the company's operating profit increased from Rp1 trillion to Rp1.12 trillion.

Over the past five years, Adhi Karya's net profit has shown a fluctuating trend. Adhi Karya's net profit plummeted in 2020 due to the Covid-19 pandemic. Previously, the company's net profit had reached US$600 billion in 2018 and 2019.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."