Kimia Farma's Net Profit Plunges 83% in Q1 2022 Amidst Falling Sales

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Reza Pahlevi 02/06/2022 16:10 WIB

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Kimia Farma recorded revenue of Rp2.26 trillion with a net profit of Rp2.59 billion.

Kimia Farma Net Revenue and Profit (Q1 2021 vs Q1 2022)

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Kimia Farma's Net Profit Plunges 83% in Q1 2022 Amidst Falling Sales

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Kimia Farma Net Revenue and Profit (Q1 2021 vs Q1 2022)

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PT Kimia Farma Tbk recorded sales of Rp2.26 trillion in the first quarter of 2022. The state-owned enterprise's revenue decreased slightly by 1.7% year-on-year (yoy) compared to the first quarter of 2021, which reached Rp2.3 trillion.

Kimia Farma's retail revenue was Rp1.15 trillion. Distribution revenue was Rp778.79 billion, and manufacturing revenue was Rp88.56 billion. Other revenue amounted to Rp242.55 billion.

Despite the slight decrease in revenue, Kimia Farma's net profit plummeted by 83% (yoy) in the first quarter of 2022, falling to Rp2.59 billion from Rp15.19 billion in the previous year.

On the other hand, the company's assets were recorded at Rp17.92 trillion as of March 31, 2022. Kimia Farma's liabilities totaled Rp10.68 trillion, and its equity was Rp7.24 trillion.

Kimia Farma will distribute dividends of Rp90.68 billion, or Rp16.33 per share, for the 2021 fiscal year. This represents 30% of the 2021 net profit of Rp302.27 billion.

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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Kimia Farma's Net Profit Plunges 83% in Q1 2022 Amidst Falling Sales

Kimia Farma's Net Profit Plunges 83% in Q1 2022 Amidst Falling Sales

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Kimia Farma's Net Profit Plunges 83% in Q1 2022 Amidst Falling Sales

Kimia Farma's Net Profit Plunges 83% in Q1 2022 Amidst Falling Sales

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Assets and Liabilities of Indonesia's State-Owned Construction Companies Q3 2025, WSKT Largest

Debt of Indonesia's State-Owned Construction Companies Decreased in Q3 2025

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