Melesat 1.301%, Emtek Posts Rp3.6 Trillion Profit in Q1 2025
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PT Elang Mahkota Teknologi Tbk (EMTK) reported positive performance throughout the first quarter of 2025. The company, with the stock code EMTK, achieved net profit attributable to the parent entity of Rp3.63 trillion, soaring 1,301% year-on-year (yoy) from Rp259.39 billion in the same period last year.
This achievement was supported by net revenue growth of 58.70% (yoy) to Rp3.93 trillion in the first quarter of this year.
EMTK's revenue was largely contributed by the advertising segment, reaching Rp1.32 trillion.
Further revenue came from warehousing services, aviation support, catering, and aircraft maintenance (Rp725.39 billion); health and hospital services (Rp612.74 billion); VSAT services, repair, maintenance, and technical support (Rp226.79 billion); goods sales (Rp28.56 billion); and other income (Rp1 billion).
However, EMTK's revenue increase was offset by a 66.34% (yoy) rise in cost of revenue to Rp2.81 trillion.
As of the end of March 2025, EMTK's total assets reached Rp61.11 trillion, up 32.79% (yoy) from Rp46.01 trillion at the end of December 2024.
"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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