Adhi Karya Net Profit Jumps 24% to Rp10 Billion in Jan-Jun


Jakarta - PT Adhi Karya Tbk recorded a profit jump attributable to owners by 23.55% to Rp 10.230 billion in the first half of this year from Rp 8.280 billion in the same period last year.

The company's financial report published on Monday (8/22) showed that the strengthening of profit was supported by operating income of around 42.34% to Rp6.326 trillion from Rp4.444 trillion.

Along with the surge in operating income, the cost of revenue also swelled by around 49.17% to Rp5.627 trillion from Rp3.772 trillion.

However, the company successfully narrowed the pace of operating expenses by around 0.77% to Rp331.737 billion from Rp334.324 billion.

Thus, operating profit increased by about 8.75% to Rp367.602 billion from Rp338.008 billion.

The share of joint venture profits increased by around 38.84% to Rp194.326 billion from Rp139.960 billion. But unfortunately, ADHI had to accept the loss share of the associates amounting to Rp1.987 b


Penulis : Widya