- A Small Font
- A Medium Font
- A Bigger Font
The Indonesian cosmetics company PT Mustika Ratu Tbk recorded revenue of Rp326.8 billion in 2021. This represents a slight 2.6% increase from Rp318.4 billion in 2020.
Mustika Ratu's revenue primarily came from trading, services, and distribution, totaling Rp314.4 billion. The remaining Rp12.4 billion was generated from manufacturing.
Despite the modest revenue increase, Mustika Ratu managed to turn around its Rp6.77 billion loss in 2020 into a net profit of Rp357.5 million in 2021.
The company's assets increased by 3.3% to Rp578.26 billion at the end of 2021, while its liabilities totaled Rp235.1 billion, and equity reached Rp343.2 billion.
In addition to cosmetics production, Mustika Ratu also operates a spa and beauty treatment business under the names Taman Sari, House of Mustika Ratu, and Java Princess. Mustika Ratu is also the main sponsor of the Puteri Indonesia beauty pageant.
"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."