Digital Sector Booms, MNC Revenue Increases by 21% in 2021

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Reza Pahlevi 14/04/2022 11:40 WIB

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In 2021, the multinational corporation (MNC) recorded revenue of Rp9.62 trillion. This represents a 21% increase from Rp7.96 trillion in 2020.

MNC Net Income and Profit/Loss (2017-2021)

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MNC Net Income and Profit/Loss (2017-2021)

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Media issuer PT Media Nusantara Citra Tbk (MNC) recorded revenue of Rp9.62 trillion in 2021. This revenue increased by 21% from Rp7.96 trillion in 2020.

This revenue increase was followed by a 36% increase in net profit to Rp2.38 trillion in 2021. In 2020, net profit was recorded at Rp1.75 trillion.

Advertising revenue contributed the most, at Rp9.19 trillion. This comprises Rp2 trillion from digital advertising and Rp7.18 trillion from non-digital advertising.

MNC's digital advertising revenue increased significantly in 2021. The Rp2 trillion revenue increased by 106% from Rp973 billion in 2020.

The MNC Group remains the television media group with the largest market share in Indonesia. In 2021, the MNC Group, comprising RCTI, MNCTV, and GTV, held a 44.8% market share of Indonesian television.

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."

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Digital Sector Booms, MNC Revenue Increases by 21% in 2021

Digital Sector Booms, MNC Revenue Increases by 21% in 2021

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Digital Sector Booms, MNC Revenue Increases by 21% in 2021

Digital Sector Booms, MNC Revenue Increases by 21% in 2021

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