WEGE Net Profit Jumps 39.5% YoY to Rp213.9 Billion in 2021


Jakarta - PT Wijaya Karya Bangunan Gedung Tbk (WEGE) throughout 2021 recorded a profit for the year attributable to entity owners of Rp213.88 billion, an increase of around 39.53% compared to the same period the previous year of Rp153.28 billion.

According to the financial report released on Monday (14/3), the increase in profit corresponded to a 12.74% increase in revenue, to Rp3.16 trillion, from Rp2.81 trillion.

Unfortunately, WEGE has not been able to suppress the revenue cost, which rose by around 11.50% to Rp2.89 trillion from Rp2.59 trillion.

As of the end of December 2021, the company's total assets were at Rp5.97, with equity of Rp2.38 trillion and liabilities of Rp3.59 trillion. Meanwhile, the position of cash and cash equivalents at the end of the year was at Rp1.46 trillion.


Penulis : Widya