Ancol Management (PJAA) Posts Rp11.17 Billion Loss in Q1 2025

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Nabilah Muhamad 25/04/2025 14:39 WIB

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PT Pembangunan Jaya Ancol Tbk (PJAA) reported a net loss attributable to the parent entity of Rp11.17 billion in the first quarter of 2025. This was driven by a 17.54% year-on-year (yoy) decline in re

PT Pembangunan Jaya Ancol Tbk Income Statement for Quarter I (2024-2025)

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Ancol Management (PJAA) Posts Rp11.17 Billion Loss in Q1 2025

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PT Pembangunan Jaya Ancol Tbk Income Statement for Quarter I (2024-2025)

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Tourism issuer PT Pembangunan Jaya Ancol Tbk (PJAA) reported a net loss attributable to the parent entity of Rp11.17 billion in the first quarter of 2025.

In line with this, Ancol's operating revenue also decreased by 17.54% (yoy), from Rp255.65 billion in Q1 2024 to Rp210.79 billion in the first three months of this year.

This revenue decline occurred across all of its supporting segments. Specifically, ticket revenue plummeted by 21.33% (yoy) to Rp136.9 billion.

Hotel and restaurant revenue fell by 9.52% (yoy) to Rp14.28 billion, and other operating revenue was corrected by 0.97% (yoy) to Rp59.88 billion.

In addition, Ancol's cost of goods sold and direct expenses increased by 4.55% to Rp136.61 billion in Q1 2025.

As of the end of March 2025, PJAA had total assets valued at Rp3.611 trillion, down 0.53% from Rp3.59 trillion in December 2024.

Editor : Erlina Fury Santika

"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."