PT AKR Corporindo Tbk (AKRA) reported the first quarter of 2021 by achieving a net profit growth for the current period of 58% to Rp 380 billion, compared to the same period in 2020 of Rp 241 billion.

Meanwhile, the position of net profit for owners of the parent company rose 34% to Rp305 billion, in the same period last year it was only Rp228 billion. Meanwhile, operating profit grew 35% to Rp458 billion.

The position of Net Gearing decreased to 11%, from 22% in December 2020.

President Director of AKR Corporindo Haryanto Adikoesoemo said the 58% growth in net profit in the first quarter of 2021 is a continuation of the strong and consistent performance that has been achieved over the past several quarters.

“In 2020, we have generated a net profit growth of 37%. Our supply chain infrastructure network spread across Indonesia and supported by an IT platform allows us to deliver products efficiently and without interruption. Our profitabi