Adhi Karya Records Net Profit of Rp10.23 Billion

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Reza Pahlevi 23/08/2022 14:30 WIB

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Adhi Karya recorded revenue of Rp 6.33 trillion in the first half of 2022.

Adhi Karya Net Revenue and Profit (Semester I, 2021 vs 2022)

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Adhi Karya Records Net Profit of Rp10.23 Billion

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Adhi Karya Net Revenue and Profit (Semester I, 2021 vs 2022)

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State-owned construction company PT Adhi Karya (Persero) Tbk recorded revenue of Rp6.33 trillion in the first half of 2022. This revenue increased by 42.3% year-on-year (yoy) from Rp4.44 trillion in the first half of 2021.

This revenue was primarily derived from the construction business line, amounting to Rp5.27 trillion. The property business line contributed Rp409.5 billion, manufacturing Rp375.8 billion, and investment & concessions Rp273.4 billion.

The company's cost of revenue also swelled by 49.3% (yoy) to Rp5.63 trillion. This significant cost resulted in gross profit increasing by only 4% to Rp699.3 billion.

The company recorded a net profit of Rp10.23 billion. This profit increased by 23.55% (yoy) from Rp8.28 billion in the same period last year.

Adhi Karya is currently still completing the Jabodebek LRT project. After several postponements, the Jabodebek LRT is targeted to operate as soon as possible in December 2022.

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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Adhi Karya Records Net Profit of Rp10.23 Billion

Adhi Karya Records Net Profit of Rp10.23 Billion

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Adhi Karya Records Net Profit of Rp10.23 Billion

Adhi Karya Records Net Profit of Rp10.23 Billion

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