M Cash Posts Revenue of Rp6.3 Trillion in First Semester


Jakarta - PT M Cash Integration Tbk (MCAS) until the first semester of 2001 posted revenues of Rp6.3 trillion, an increase of 2.1% compared to the same period last year of Rp6.1 trillion.

M Cash Integration Head of Investor Relations Jo Cheah Zhuo En said the organic expansion of distribution points grew 29.9% YoY to 240,018 billion as of June 2021 from 184,710 billion a year earlier supported the increase in revenue in the first half of this year.

"The strong grip on the market share of digital product sales attests to the usefulness and depth of the Group's extensive distribution infrastructure. In addition, top-line growth was driven by the contribution of the Software-as-a-Service (SaaS) segment revenue which grew by 411.2% YoY to Rp36.5 billion in the first half of this year.

According to Jo, in the first semester of 2021, the company maintained operational profitability during difficult macro conditions.

"We maintain operat


Penulis : Widya