Erick Thohir's Son Appointed as New Commissioner of Mahaka Media; Here's the Company's Performance

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Reza Pahlevi 29/06/2022 11:50 WIB

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Mahendra Agakhan Thohir, the eldest son of Indonesian State-Owned Enterprises Minister Erick Thohir, has been appointed as the President Commissioner of PT Mahaka Media Tbk.

Mahaka Media Revenue and Profit/Loss Statement (2017-2021)

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Erick Thohir's Son Appointed as New Commissioner of Mahaka Media; Here's the Company's Performance

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Mahaka Media Revenue and Profit/Loss Statement (2017-2021)

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Mahendra Agakhan Thohir was appointed as the President Commissioner of PT Mahaka Media Tbk in the Annual General Meeting of Shareholders held on Monday, June 27, 2022. Mahendra is the son of the Minister of State-Owned Enterprises (SOEs), Erick Thohir.

Mahaka Media has recorded losses for the past five years. In 2021, the company recorded revenue of Rp168.79 billion with a net loss of Rp22.28 billion.

The largest net loss in the last five years was recorded in 2020, during the pandemic, reaching Rp45 billion.

The company's revenue has also been declining in recent years, compared to 2017 when Mahaka recorded revenue of Rp268 billion.

Erick Thohir owns 40.47% of Mahaka Media's shares through PT Beyond Media. Mahaka Media owns Gen FM and Jak FM radio stations, JakTV television station, and Republika newspaper.

Editor : Adi Ahdiat

"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."

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Erick Thohir's Son Appointed as New Commissioner of Mahaka Media; Here's the Company's Performance

Erick Thohir's Son Appointed as New Commissioner of Mahaka Media; Here's the Company's Performance

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Erick Thohir's Son Appointed as New Commissioner of Mahaka Media; Here's the Company's Performance

Erick Thohir's Son Appointed as New Commissioner of Mahaka Media; Here's the Company's Performance

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Number of Forestry Companies in Sumatra Island in 2025

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Number of Industrial Plantation Forest Companies on Major Islands in Indonesia

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