ELSA Net Profit Surges 974% to Rp226 Billion in Jan-Jun


Jakarta - PT Elnusa Tbk (ELSA), until the first semester of 2022, posted a profit for the period attributable to owners reaching Rp226.33 billion, or an increase of around 974.39% compared to the same period the previous year of Rp21.06 billion.

The company's financial report released on Monday (9/12) showed the surge in profit was supported by an increase in revenue of around 45.89% to Rp5.42 trillion compared to the same period in 2021 of Rp3.71 trillion.

Along with the increase in revenue, the cost of revenue increased by around 44.30% to Rp4.95 trillion from Rp3.43 trillion.

Until the first semester of 2022, the company's total assets were at Rp8.13 trillion, with liabilities of Rp4.26 trillion and equity of Rp4.03 trillion.