PT Zyrexindo Mandiri Buana Tbk (ZYRX) in 2020 posted a net profit of Rp36.37 billion, an increase of 341.57% from the previous year's profit of Rp8.24 billion.

Based on the financial report of the laptop manufacturer Zyrex in 2020, ZYRX's basic earnings per share rose to Rp48.78 from Rp16.81 per share previously.

The increase in ZYRX's net profit cannot be separated from the increase in revenue. Zyrexindo received a net income of Rp223.46 billion last year, a rise of 73.72% from 2019's revenue which was only Rp128.63 billion.

All ZYRX revenues were sales from local third parties amounting to Rp233.28 billion. However, ZYRX bears the amount of sales discounts and returns of Rp9.81 billion.

Sales to third parties with total sales exceeding 10% of total net sales, including PT Affirmation Indonesia Online, valued at Rp113.64 billion or 50.86% of total revenue, followed by PT Indomarco Prismatama with Rp35.73 billion or 15.59% of t