Surya Citra Media's Net Profit Grew 17% in 2021

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Reza Pahlevi 04/04/2022 10:30 WIB

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Media company PT Surya Citra Media Tbk (SCM) recorded revenue of Rp5.93 trillion with a net profit of Rp1.35 trillion in 2021.

Surya Citra Media's Revenue and Net Profit (2017-2021)

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Surya Citra Media's Net Profit Grew 17% in 2021

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Surya Citra Media's Revenue and Net Profit (2017-2021)

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Media company PT Surya Citra Media Tbk (SCM) recorded revenue of Rp5.93 trillion (approximately US$400 million) with a net profit of Rp1.35 trillion (approximately US$90 million) in 2021. The company, under the Emtek Group, achieved growth in both categories.

SCM's revenue grew by 16% from Rp5.1 trillion in 2020. Meanwhile, net profit increased by 17% from Rp1.15 trillion in 2020.

The company's revenue comprised advertising revenue of Rp6.44 trillion and other revenue of Rp736.49 billion. With sales deductions of Rp1.24 trillion, SCM's total net revenue was recorded at Rp5.93 trillion.

The company managed to increase its net profit despite facing the pandemic over the past two years. In 2019, SCMA's net profit was recorded at Rp1.07 trillion.

SCM owns two television stations in Indonesia, namely SCTV and Indosiar. In addition, they also own the streaming service Vidio.com.

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."